New Report Shows Credit Card Debt Is Hindering 401(k) Savings
A new research report from Schwab Retirement Plan Services highlights the dangers that debt and overspending pose for retirement savings. In a recent survey of roughly 1,000 workers with access to a 401(k) plan, only half of the respondents believed they were contributing to the 401(k) plan.
Hopkins, Jamie Patrick, "New Report Shows Credit Card Debt Is Hindering 401(k) Savings" (2017). Faculty Publications. 821.