Tag: 401(k) plans|Congress|Department of Labor|Future retirement security|Traditional (defined benefit) pensions
Pension Red Alert: 70% Of Pensions Are Never Audited
Chances are that your pension or 401k plan has never been audited. No one’s checking annually to see if the money’s really there. Worried yet? It should freak you out, in my opinion. According to regulators, seventy percent of the nation’s pensions have never been audited.
