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Jean Chatzky sends strong message on 401(k)s, IRAs

Business

From the Center

Many Americans planning for retirement are often encouraged to start by contributing to both a company-sponsored 401(k) plan and an Individual Retirement Account (IRA) as major parts of their financial strategy. Former NBC Today Show financial editor Jean Chatzky offers a key data point on U.S. household retirement savings progress and explains some important things to know about the 401(k) and IRA challenge facing Americans. Individuals should consider placing a high priority on contributing to an employer-sponsored 401(k) - especially when matching contributions from the company are available, the HerMoney...

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