It’s a scam’: Americans express unease over SpaceX’s influence on retirement savings

“I think that the amount is absolutely ridiculous and untethered to the company’s actual value,” he said. “I think it’s abhorrent that my savings and retirement funds are tied so intricately to these tech companies, especially when they cannot be held accountable by investors.”… 

“As someone looking to retire in the next five to 10 years, I’m alarmed at big tech’s market consolidation and its impact on my savings and investments. As a human being, I’m distraught that these companies all seem to be run by people with little accountability or moral compass,” he said. “How and why do my finances have to be bound to a racist, narcissistic, baby man who does not seem to care about other human beings? Everything about this is wrong.”

https://www.theguardian.com/science/2026/jun/19/spacex-retirement-savings-elon-musk

 

The 7 biggest changes proposed for 401(k) and other retirement plans - The Washington Post

For workers earning less than $71,000 per year, the federal government would provide a 50 percent match for the first $2,000 in employee cash contributions, meaning the government would provide a maximum of $1,000. That cash would be deposited directly into the retirement accounts. Under current law, the matching program is a tax credit — but that doesn't help lower-earning workers who don't owe taxes. 

"This is a big deal," Hansen said. "It will help current savers save more and bring newer people in the system, knowing there is government match."…

https://www.washingtonpost.com/business/2022/12/21/401-k-changes-secure-20/