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Where 401(k) Plans Fall Short for Retirees
Forbes contributor Jamie Hopkins, in collaboration with Stanford Center on Longevity research scholar Steve Vernon, FSA takes a critical look at a shortcoming of one of the most preferred retirement savings plans, the 401(k). Their article, posted on www.forbes.com, addresses the absence of assistance in transitioning from a savings plan to an income generation plan, and cites several major studies offering background on the needs of seniors in planning for their retirement needs. Read the article here…
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