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401(k) Pension Plans: Many Take Advantage of Opportunity to Ensure Adequate Retirement Income

HEHS-96-176 Published: Aug 02, 1996. Publicly Released: Aug 02, 1996.
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Highlights

Pursuant to a congressional request, GAO provided information on 401(k) pension plans, focusing on: (1) the proportion of workers covered by 401(k) pension plans; (2) workers' contributions to their 401(k) pension plans; and (3) how workers invest their pension account balances.

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Retirement Security
401(k) plansBonds (securities)Retirement incomeCollege studentsEmployee retirement plansFunds managementIncome maintenance programsInvestment planningPensionsRetirement ageRetirement benefitsSocial security benefitsStocks (securities)