Probably because most don’t save a significant amount in 401k to matter.
“Probably because most dont save a significant amount in 401k to matter.”
I thought the point of the story was that they did but CPS ignored it. That’s was why their income was greatly underestimated.
“Schieber noted that in its statistics, the CPS does not account for at least 95 percent of IRA distributions and at least half of pension and annuity income.”