What the new 401(k) limits and other changes mean for your retirement [Video]

New research shows there is *** significant lack of confidence regarding Americans and their financial literacy. In fact, the study conducted by one poll and commissioned by Beyond Finance found that 43% of respondents don’t know what *** 401k is and get this. Only 30% of people believe they could win *** game of personal finance trivia. Only 39% of respondents consider themselves more financially literate than others. Four in 10 Americans admit they procrastinate when implementing healthy financial habits. The top reasons respondents cited for postponing personal finance tasks include feeling their financial health is already poor and can’t get any worse or simple forgetfulness for those trying to save money. The most popular strategies include 53% buying on sale items, 47% using discount codes and 45% limiting spending on clothing altogether. There’s nothing wrong with *** little retail therapy but just make sure you take care of your …