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A couple generations ago, when older Americans retired they could rely on pension plans to support them. Then, in the late 1970s and early 1980s, many companies switched their retirement plans over to 401(k) accounts. The security of workers' retirement savings suddenly became subject to the vagaries of the stock market.
Read Robert Hiltonsmith's Research
Underwriting Bad Jobs: How Our Tax Dollars Are Funding Low-Wage Work And Fueling Inequality