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Home > Yahoo Finance Daily > One way to reduce the racial wealth gap is with more 401(k)s: Expert
Podcast: Yahoo Finance Daily
Episode:

One way to reduce the racial wealth gap is with more 401(k)s: Expert
Category: Business
Duration: 00:05:42
Publish Date: 2020-06-22 06:00:16
Description: Studies of the racial wealth gap have found that white households have between 6 and 10 times as much saved in the bank as their African-American counterparts. And that ratio has been largely unchanged (and even grown by some measures) for decades and decades. One way into tackling the problem, according to Danyelle Solomon, the vice president of Race and Ethnicity Policy at the Center for American Progress, is to look at how our retirement system is set up.
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