The Father of The 401K
Close to half the U.S. private workforce doesn’t have access to employer-sponsored retirement plans. With the increase in early retirement and contractor positions, many self-employed and small business owners don’t have access to have access to retirement plans. My guest this evening is the father of the 401k which is now more than 35 years old. He wants to make the 401k accessible and less expensive and we are delighted to welcome him on Wealthy Radio this evening.
The father of the 401k, Ted Benna intended it to be as simple for employees as pensions; now they offer too many investing options and too many opportunities to make mistakes.”