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<p>There are several causes for the lack access to retirement plans among Black households. For starters, employers are not legally required to provide benefits or financial literacy courses to their employees.</p>

There are several causes for the lack access to retirement plans among Black households. For starters, employers are not legally required to provide benefits or financial literacy courses to their employees.

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U.S. Retirement Crisis has ‘Racial Component’

More than three-fifths of Black working-age households – 62 percent – have no assets in a retirement account, according to a new study by the National Institute of Retirement Security (NIRS).