Two-thirds of Americans aren’t putting money in their 401(k)

Census researchers analyzed tax records and uncovered a much bigger pool of small businesses -- showing that, overall, just 14 percent of all employers offer a 401(k) or other DC plan to their workers.

By Ben Steverman | February 22, 2017 at 07:44 AM

(Bloomberg) -- Americans aren’t saving enough for retirement.

True, this has been a refrain for longer than many can remember.

But now some disturbing numbers show exactly how bad it’s gotten. Two-thirds of all Americans don’t contribute anything to a 401(k) or other retirement account available through their employer.

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Two-thirds of Americans aren’t putting money in their 401(k)

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

1 If the Supreme Court kills 'free' ACA preventive care rules, what then?

2 Even 'good' employers face rising risk of lawsuits over health plan costs

3 JPMorgan fights back against new 401(k) lawsuit that alleges ‘devastating’ participant losses

4 5 top states where people have arthritis

5 Social Security Fairness Act will begin sending payments to 3M public workers in April

401(k) lifetime income solutions: Is now the time for employers to offer new in-plan ‘annuity’ options?

Trump’s pick to lead Social Security pledges to 'preserve and protect' SSA, at Senate hearing

Social Security Fairness Act will begin sending payments to 3M public workers in April

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Two-thirds of Americans aren’t putting money in their 401(k)

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1 If the Supreme Court kills 'free' ACA preventive care rules, what then?

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