I’m old enough to remember a world before the 401k. So distant was this anomaly in the tax code, that I, like nearly everyone else, was unaware of its existence, let alone its significance when it was formulated in 1978. What makes this more ironic was that it was my Congressman, Barber Conable, that led the way.
Posts From Christopher Carosa, CTFA
Ugly Social Security, fiduciary theory & practice, and new rules beat old investment rules.
Here are five relevant lessons 401k plan sponsors can ask their service providers to show during employee education meetings.
Inflation upside, waiting for the courts, and indexing’s fatal flaw.
In theory, 401k plans were always intended to be highly portable, but that’s not what happened. “Portability” only evolved to the extent that the most-attractive balances were picked off and rolled over to IRAs, and everyone else was left holding the bag.
The limits of growth, at least they tried, and a whole lot of nothing.
Depending on what the plan sponsor decides to place on the 401k menu, plan participants might have an easier time dealing with making investment choices to battle the ravages of inflation.
Not just the DOL, play clock hits zero, and downs & ups.
It’s not just plan sponsors and plan participants that need convincing. The entire retirement plan infrastructure must also get on board. That doesn’t mean the hurdles can’t be overcome.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 11/26/21
The shape of things to come, who took a Thanksgiving break, and if you don’t get it by now.