Dave Ramsey Warns Americans Against Prioritizing Kids’ College Funds Over 401(k)s — Says It Doesn’t Make You ‘Bad Parents’

Dave Ramsey Warns Americans Against Prioritizing Kids’ College Funds Over 401(k)s — Says It Doesn’t Make You ‘Bad Parents’

Dave Ramsey, a renowned personal finance expert, has shared his views on the prioritization of 401(k) plans over college funds. He believes that saving for retirement should take precedence over saving for a child’s college education. What Happened: Ramsey, in an email to TheStreet, emphasized the importance of prioritizing retirement savings over college funds. He stated that while saving for a child’s college education is a noble endeavor, it …

LAKO: 401(k) Plans: More control, more growth, more responsibility

In the early 1980s, 401(k) plans began gradually replacing traditional pensions, and within a decade, the 401(k) had become the go-to retirement savings solution. Today, Americans are estimated to hold

Americans want their 401(k) plans to change

The stress of wondering how they will fare financially later in life is fueling Americans' growing interest in guaranteed income.

William Lako: 401(k) Plans: More control, more growth, more responsibility

In the early 1980s, 401(k) plans began gradually replacing traditional pensions, and within a decade, the 401(k) had become the go-to retirement savings solution. Today, Americans are estimated to hold between $5 trillion and $10 trillion in 401(k) assets. In…

Dave Ramsey sends strong message to Americans on 401(k) plans

The bestselling author shares a key perspective.