Skilled Retirement Losses Attorneys
In any economy, individual retirement savings are critical. You work and build your whole life in order to retire and live well during retirement. In fact, the most popular retirement vehicle, 401(k) plans, have been the primary source of retirement income for 60 million Americans, more so than Social Security and pension plans. However, they were never designed to be retirement plans in the first place. They were created in the late 1970’s as a savings plan and tax shelter for ordinary Americans. Many companies switched from funding pension plans to helping contribute to 401(k) plans for employees because it was cheaper for the employer.