S6 M3 What Happened to Pensions?

It’s mini episode time! Today, Jess is covering the transition from pensions to 401(k)s. Why did this transition happen? What are the pros and cons of a pension, and those of a 401(k)? Who assumes the risk of these portfolios?Take a quick listen to learn more, and help your money make more cents. For more information about ElderWatch, check us out online: https://www.aarp.org/money/scams-fraud/elderwatch/