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Half of all private-sector workers in the U.S. have no access to a retirement plan, study finds

CBS News
Summary
Nutrition label

85% Informative

About half of all U.S. workers in the private sector lack access to an employer-sponsored retirement plan, Pew study finds.

The findings underscore the widening divide between the retirement haves and have-nots, with almost 30% of Americans over age 59to fall back on when they stop working.

Employer-sponsored accounts like 401(k)s can help workers save because the money is taken out of paychecks automatically.

VR Score

89

Informative language

91

Neutral language

49

Article tone

semi-formal

Language

English

Language complexity

60

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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no affiliate links