401(k) is back in headlines as more retirees hit big-market moves and underfunding debates reshape saving plans. Short bio: US employer-sponsored defined-contribution retirement accounts. 401(k) ties to tax-advantaged saving from paychecks.
Recent articles highlight a shift in retirement and savings behaviors. Many retirees underspend, leaving large residual balances, while some Americans are increasingly tapping into retirement accounts early due to financial stress. New government accounts for children aim to boost early savings, but their long-term impact remains uncertain.