On this episode, Laurie Siebert tackles a large topic — understanding the different kinds of retirement accounts that are available to individuals and understanding some of the terms involved, like defined benefit and savings threshold.
In 2022, almost half of American working households had no savings in retirement accounts, according to the Survey of Consumer Finances (SCF). Laurie encourages listeners to start saving for retirement as early as possible so they can avoid delaying retirement.
Tune in to Your Financial Choices every Wednesday from 6:00 to 7:00 PM following All Things Considered.
(Original air-date: 6/4/25)
