A lot of people in this country have a 401(k) plan available to them at work. A lot of companies choose to automatically enroll their employees in these plans. A lot of employees probably SHOULD NOT be contributing to these plans just yet. A lot of people have serious financial issues, and cash flow needs, that should be addressed BEFORE the 401(k). Tom dives deeper into this issue in his recent blog post: ‘Coercion versus Changing Behavior’
Here’s what I’ve been reading this morning:
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