How 401(k) plans work
12:25
CNBCJuhohn Lee,José Sepulveda,Lindsey Jacobson
How 401(k) plans work
Since 1980, pensions plans have been phased out in favor of 401(k) plans. They now represent nearly one-fifth of the U.S. retirement market. Here's how 401(k) plans became such a popular form of retirement savings and how should they be used.
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