Should 401(k)s require a test for savers to invest outside of target dates?
Terms like 'mutual fund' and 'passive investing' are misunderstood, and those who can't define them are less likely to invest and save for retirement, according to a new report
Fewer than one in five Americans can pass a basic financial literacy test, and that figure correlates strongly with a lack of saving and investing, results of a recent survey show.
About 19% of nearly 6,000 people surveyed in August could correctly define at least five out of seven simple financi
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