The Danger Of Borrowing Money From Your Future Self

Gillian B. White, The Atlantic: Business
Tue, 04/21/2015 - 7:03pm

Once upon a time, here's how employer retirement savings worked: Companies set aside money for employees' retirement in pensions, also known as defined-benefit plans. These plans typically didn’t require financial contributions from employees, and were funded based on the number of years a worker spent at a particular firm, their salary level, and seniority.

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The Danger Of Borrowing Money From Your Future Self

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