Most Americans have less than $1,000 in savings

Americans report having some savings--but it's not much, a study says.

By Marlene Y. Satter | October 06, 2015 at 09:50 AM

Saving enough for retirement is tough; we knew that.

But the goal can seem insurmountable when almost two thirds of Americans don't even have $1,000 tucked away in a savings account.

Read: U.S. savers most confident in retirement–but should they be?

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American Federation of Teachers urges fiduciaries to examine Tesla investments ‘at risk’ in pensions

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Given the steep plunge in Tesla shares this year, the AFT President is urging money managers to "safeguard retirement assets" and urgently review their current holdings in electric car Tesla, which is a target of political protests amid growing animosity for the brand.

American Federation of Teachers urges fiduciaries to examine Tesla investments ‘at risk’ in pensions

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By Lynn Cavanaugh | April 02, 2025

Both firms, and many more, have been sued by employees in class action lawsuits over the PRT deals made with insurance company Athene Annuity & Life, alleging the firm "breached their fiduciary duties," however, district courts issued split rulings on these 2 cases.

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Most Americans have less than $1,000 in savings

Recommended For You

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

1 From Pain to Performance: Cutting-Edge Strategies to Reduce MSK, Metabolic, and Mental Health Costs

2 Alternative Health Plan Designs: Key to Keeping Employers in the Market?

3 5 top states where people have arthritis

4 Stop HSA Headaches: Helping Clients Choose the Right Provider

5 DOJ to seek death penalty against Luigi Mangione in UnitedHealthcare CEO killing

American Federation of Teachers urges fiduciaries to examine Tesla investments ‘at risk’ in pensions

BlackRock CEO calls for more private assets in 401(k) plans, in letter to investors

Pension risk transfer lawsuit rulings: Lockheed Martin case advances, but Alcoa suit dismissed

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Most Americans have less than $1,000 in savings

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Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

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1 From Pain to Performance: Cutting-Edge Strategies to Reduce MSK, Metabolic, and Mental Health Costs

2 Alternative Health Plan Designs: Key to Keeping Employers in the Market?

3 5 top states where people have arthritis

4 Stop HSA Headaches: Helping Clients Choose the Right Provider

5 DOJ to seek death penalty against Luigi Mangione in UnitedHealthcare CEO killing

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