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      ceo retirement funds

      Walmart CEO Doug McMillon speaks at the company's annual shareholder meeting

      Report Details How Rich CEOs Avoid Taxes on Retirement Funds as Their Employees Struggle

      "Nothing but the power of corporate leaders to rig rules in their favor can explain this double standard."

      Jake Johnson
      May 18, 2023

      Millions of people in the United States have little to nothing in retirement savings, a consequence of low-wage jobs that give workers minimal room to stash money away.

      Meanwhile, at the end of 2021, the nation's top CEOs held an estimated $9 billion in rapidly growing special retirement accounts that aren't available to their employees—a double standard established by the U.S. tax code.

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