Portability could result in an additional $151 billion in retirement savings for African-Americans, over the next generation of savers.(Photo: Getty)

Today, many Americans are hard-pressed to set aside enough savings for a timely or comfortable retirement. The factors most-often cited as driving the coming “retirement crisis” include longer life expectancies, rising health care costs and stagnant incomes.

The African-American community faces these same challenges plus other economic headwinds, but with larger hurdles to overcome to secure a comfortable retirement. Nowhere is this more apparent than in America’s defined contribution system, where African-Americans are confronted by the following:

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