Mandatory Savings Accounts Are Coming Your Way

The retirement savings crisis in America has brought us to this point: It's a near certainty that mandatory savings accounts are in the future of anyone with a full- or part-time job. The world's largest investment firm BlackRock, with $4 trillion under management and a lot of weight to throw around, is the latest to sound the call. "We need a comprehensive solution to retirement savings that includes some form of mandatory retirement savings," CEO Laurence Fink said this week. He added that his...