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March 6, 2018 09:41 pm PST

How 401(k)s created a class of suckers to be fleeced by the investor class

America's 1% have waged a long war on defined-benefits pensions, insisting that America could prepare for retirement by putting their money into 401(k)s, despite the stark evidence to the contrary. (more…)


Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/cvGCdB8Idcs/pension-penury.html

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