Target Chief’s $47 Million Retirement and America’s 401(k) Gap

2015-01-07T01:12:11-08:00January 7th, 2015|Categories: Retirement|Tags: , , |

The gap in the U.S. workplace between the highest and lowest paid has been growing for years. Far less noticed has been the growing gulf in retirement pay. While the very top often continue to receive executive pensions as well as other benefits, most workers are left only with their 401(k) plans. CEO compensation at large U.S. companies was 204 times higher than the pay of workers on average in 2013, up 20 percent since 2009, according to datacompiled by Bloomberg. [...]