Why do people who know better attack the 401(k)? Strike that. It's OK to question aspects of the 401(k) concept – after all, nothing is perfect – but to demonize a vehicle that has helped so many people? What's up with that?
And to suggest a return to the retirement plan Stone Age? That's just crying out that you've got an agenda that, no matter how you try to convince yourself, simply isn't in the best interests of retirement savers.
It's clear from those on the front lines that the policy wonks and political progressives marching on the venerable 401(k) with their pitchforks and torches don't reside in the same reality as those who practice the profession today (see "Industry Veterans Answer: Shall We Praise the 401k or Bury It?" FiducairyNews.com, January 24, 2017).
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