Ted Benna, known as the father of the 401(k) retirement plan, proposes a new savings scheme called Radish to aid low- and middle-income workers who struggle to save for both retirement and homeownership. This employer-funded incentive program aims to supplement traditional retirement plans by allowing companies to deposit money into employee accounts based on performance metrics, potentially helping employees accumulate down payment funds without reducing their take-home pay.
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Ali NematiWritten by Ali
