Host Patrick Donohoe talks with Ted Benna! Back in 1978, Mr. Benna created an employer matched, employee savings plan as an alternative to corporate pensions. The government called it the 401(k). Now he says he’s “created a monster” that was originally designed & intended to be something much different than it is today.
Is Ted a fan of his own creation?
Did the 401(k) kill corporate pension plans?
How common were pension plans to begin with?
Why are opinions so varied when it comes to the stability of Social Security?
What are the 3 main things Ted Benna is focused on now?
These are just a few of the questions answered in episode – 191! Listen now!
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