© 2024 Pension Rights Center. This work is licensed under a Creative Commons Attribution-Non Commercial 2.5 Generic License.
In the discussion over retirement security, retirement plans like 401(k)s are often talked about as if they benefit all Americans equally. But with these tax-deferred accounts coming under scrutiny amid the fiscal-cliff budget debate, it’s worth remembering: They’re a perk that’s far more valuable to the upper-middle-income, corporate golf-outing set than to store clerks or assembly-line workers.
