Long, long ago in a far distant time (the 1980s), 401(k) plans were the plain-vanilla offspring of profit-sharing plans. In those days, before the great mutual fund confiscation of the retirement plan industry, 401(k) plans were simple creatures.
But to paraphrase Bob Dylan: "The times they have a-changed."
In the ensuing decades, the 401(k) grew more complex. What once was a single kitten confined to a small cardboard box became a rambunctious herd of cats. Good luck with that.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.