Four out of 10 corporate employees who have the option of participating in a 401(k) retirement savings plan do not take advantage of it, according to a new study.

The study, by KPMG Peat Marwick, found that only 61 percent of eligible emplo3|ees are conIxibuting pan of their salary into these tax-deferred savings plans.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.