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Black Enterprise: "How to Close the Savings Gap" by Mellody Hobson, October 2009
When it comes to 401(k) savings, African Americans and Hispanics participate less often, contribute less money, and take out more loans and early withdrawals than their white and Asian counterparts. In her October 2009 Black Enterprise column, Mellody Hobson, President of Ariel Investments, LLC, explains what business and government can do to address these racial disparities in retirement investing. Click here to read, “How to Close the Savings Gap.”
This article was written by Mellody Hobson for Black Enterprise and candidly discusses financial issues. The information and opinions are current as of the date of the article, but are subject to change. The information provided in the article does not provide information reasonably sufficient upon which to base an investment decision and should not be considered a recommendation to purchase or sell any particular stock or fund. |
