Updated Thursday, October 23, 2014 as of 2:42 AM ET

DC Plans Work -- When Backed by Social Security

Defined contribution plans like the 401(k)s and IRAs were introduced more than 30 years ago to create a more stable retirement for Americans.

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Comments (1)
I would beg to differ that 401k were not introduced more than thirty years ago for retirement stability.Just a part of the tax code that let highly compensated individuals shelter income from the government.
Posted by Mark W | Thursday, August 14 2014 at 11:00PM ET
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