The Systemic Plight of Labor

Pub Date: 
Wed, 05/01/2013
Author: 
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... [T]he 401(k) is a way for both your government and your employer to disown you, and to leave your life savings to be raided by the financial-services industry and its plethora of hidden and invidious fees. The well-kept secret about old-fashioned pension funds is that, for the most part, they’re actually very good at generating decent returns for their beneficiaries.