The Father Of The 401(k) (Episode 87)

SUMMARY:

Stocks continue to slide during the coronavirus crisis. Ted Benna, the Father of the 401(k), joins Andy to discuss market conditions and how people can protect their retirement savings. This is vital information for anyone invested in a 401(k).

SHOW NOTES:

5:20: How Did Ted Predict This Market Plunge?

8:53: Why Did Ted Invent The Matching Employer Benefit?

12:22: How Has The 401(k) Changed After 40 Years?

18:46: How Did The 401(k) Catapult The Mutual Fund Business?

21:56: How Have Wall Street Fees Impacted 401(k)s?

27:59: What Investment Plans Can You Make Today?