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Let’s not overlook Financial Literacy

Main article image for story titled 'Let’s not overlook Financial Literacy'Consider this:  Your son or daughter graduates from college and lands a nice job.  You’re bursting with pride.  All is well - - he/she is on their way!  Six months later you ask whether the new employer offers a 401(k) plan.  The response goes something like “Yeah, but that’s for the older employees who are looking to retire.”  Your ears perk up.  “Well does your employer offer a defined benefit pension plan?”    To which the response goes something like “What’s that?”  It’s time, you think, for a parent/child (albeit adult “child”) talk.  Or maybe you’re thinking, this talk should have happened a long time ago.
 

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