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401(k) Plans Are An Illusion

TedTed
in The Bullpen
FYI: The 1980s, when 401(k) plans were first launched, was the age of record keepers partnering with insurance companies and banks offering guaranteed income contracts. Those providers were overtaken in the early 1990s by mutual fund companies like Fidelity Investments as the market boomed and smaller companies formed 401(k) plans financed by revenue sharing.
Regards,
Ted
https://www.google.com/search?sxsrf=ACYBGNSh75RmO6JfGwP5vX5Ju0HsaAWCPA:1574422638350&source=hp&ei=bsjXXb_NEpDQtAXllrWoBQ&q=401(k)+plans+are+an+illusion&oq=401(k)+plans+are+an+illusion&gs_l=psy-ab.3..33i160j33i299l2.5134.5134..7000...1.0..0.108.108.0j1......0....2j1..gws-wiz.9u2pmDxxD98&ved=0ahUKEwi_vNSw3f3lAhUQKK0KHWVLDVUQ4dUDCAc&uact=5
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