Hacker News with Generative AI: Retirement Savings

His Life Savings Were Mailed to Him by Paper Check. Now, It's Gone (nytimes.com)
A thief stole 401(k) checks out of the mail. But why was Paychex, a major industry player, using paper at all given how often check fraud happens?
Financial Crime, Retirement Savings, Checks, Mail Theft
23 points by littlexsparkee 5 days ago | 17 comments
Private Equity Is Coming for America's $12T in Retirement Savings (bloomberg.com)
Less than a week before President Donald Trump’s second inauguration, more than 30 money managers gathered on Zoom to strategize about how to pull America’s retirement savers into investments far beyond stocks and bonds.
Private Equity, Retirement Savings, Finance, Economics, Investment
87 points by mooreds 54 days ago | 103 comments