September 1, 2014 12:00 AM

Celebrate workers role in our nation’s prosperity

It’s Labor Day today, a time to celebrate the American labor movement and the contributions of millions of workers, past and present, to our nation’s prosperity. For the bulge of Baby Boomers, every Labor Day now marks a year closer to retirement. Studies show that 43 percent of American workers would take a pay cut in exchange for a larger contribution from their employer to their 401(k) account. For some employees, any contribution to any retirement plan would be an increase.

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