The 401(k) is wreaking havoc on retirement
Aug 26, 2016 1:01 PM -
The shift from pensions to 401(k) plans is making retirement inequality much worse-and education is what separates the haves from the have-nots, a new study has found. College graduates have always been able to get better jobs. What's new in recent decades is that traditional pensions have all but vanished, replaced by 401(k)-style plans.