Retirement Experts: Don't Let Clickbait Headlines Sink the 401(k)

What You Need To Know

• Bloomberg columnist and economist Allison Schrager proposed replacing 401(k)s with savings accounts without tax incentives.
• Recently, two other researchers suggested eliminating the 401(k) tax break and putting the extra tax revenue in the Social Security trust fund.
• To argue that the U.S. should simply do away with workplace retirement plans is absurd and irresponsible, experts say.