11/12/2013 – Fewer workers participating in company retirement plans, report says (L.A.Times)

Nov 14, 2013 No Comments by

The percentage of U.S. workers who participate in their employers’ retirement plans slipped to 39% in 2012, according to a report by the Employee Benefit Research Institute.

Despite the tax savings and long-term benefits of stashing pre-tax money in retirement plans, the majority of workers fail to take advantage of employer-sponsored programs, such as 401(k) accounts, the group reported.

Read the full article at the Los Angeles Times.

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