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Playing princess is something shared by little girls around the world. But until recently, the most recognizable princesses worldwide featured in the Disney Co. franchise did not include one that modeled the skin, hair, and facial features associated with women of African descent.
When it comes to retirement savings plans, African Americans and Hispanics participate less often, contribute less money, and take out more loans and early withdrawals than our white and Asian counterparts. Those are among the most eye-opening findings from a study by my company’s nonprofit affiliate, Ariel Education Initiative, and Hewitt Associates. We recently partnered with several leading minority organizations to release 401(k) Plans in Living Color: A Study of 401(k) Savings Disparities Across Racial and Ethnic Groups. The study examined the saving and investing behaviors of 3 million eligible African American, Asian, Hispanic, and white workers in 57 of the largest U.S. companies across a variety of industries and sectors. The findings reveal that race and ethnicity play a significant role in investing, showing up in 401(k) positioning, contributions, and ultimately individual balances.
Our mission at Black Enterprise is Wealth for Life, providing our audience with the information and tools to maximize their finances from the beginning of their professional lives through their golden years.
BlackEnterprise.com spoke to Black Web Media Founder Angela Benton about her success in tech, who she’s inspired by and why her vision for the future of Silicon Valley includes more “swag.â€
In 1988, Marcia Elam-Moore responded to an offer by a marketing agency for a week’s vacation at Disney World and Vero Beach, Florida. After she investigated the offer and found...
