The average rate of contribution by U.S. Black and Hispanic workers to employer-sponsored retirement plans is roughly 40 per cent lower than that of white workers, according to a new working paper by the Massachusetts Institute of Technology’s Sloan School of Management. The paper examined responses from more than 12 million respondents aged 24 to […]
The average contribution rate of Black and Hispanic workers is roughly 40% lower than that of white workers, according to MIT researchers analyzing a linked data set.
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