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Day: January 24, 2023

401(k) and Debt Ceiling Debate: A Potential Disaster for 401k Plans

May 1, 2025January 24, 2023 by Mark Adams
Debt Ceiling Debate Could Spell Disaster for 401(k) Plans

Retirement Savings Put at Risk by Debt Ceiling Impasse The US recently hit its $31.4 trillion debt ceiling. The debt ceiling is a legislative limit on the amount of debt the United States government can incur. When the government reaches this limit, it must either raise it or take steps to reduce the debt. As … Read more

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