Debt outpacing retirement savings

Americans borrowing more, socking away less for old age

Posted: November 3, 2013 at 2:11 a.m.

A majority of Americans with 401(k)-type savings accounts are accumulating debt faster than they are setting aside money for retirement, further undermining the nation’s troubled system for old-age saving, a new report has found.

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Business, Pages 72 on 11/03/2013