Source: Bloomberg Visual Data

Category: 401(k), Digital Media, Taxes and Policy

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

5 Responses to “The Accidental Success of the 401(k) Plan”

  1. DeDude says:

    Today – Pension plans disappearing. Was that the success or the accident?

  2. catclub says:

    Success seems the wrong word. Extraordinary growth seems more accurate.

    A figure showing the implied (or actual!) assets of pension funds, and the assets in 401k accounts would be useful. Better yet if you divide by the number of people covered.

    401k’s would be successful if more people had more retirement security than under a pension system.

  3. willid3 says:

    depends on what you mean by success. but then 401ks were designed to be used in conjunction with pensions, not to replace them

  4. Willy2 says:

    401Ks a success ???

    I heard someone explain that a 401K is a deathtrap for employees ………..