25 years ago the game changed…
How you became responsible for funding and investing your 401k retirement plan.
The 401k Owner’s Manual – New podcast episode now on iTunes! “How We Ended up with 401k Plans Anyway”
Highlights:
1:10 – The Defined Benefit Plan.
1:39 – The Smartest Guys in the Room.
2:25 – The CPAs.
4:06 – Off Balance Sheet Pension Cost.
5:00 – Investing public panic.
6:48 – Enter the 401k.
8:55 – How Big IS this?
9:38 – The Line in the Sand.
11:06 – The Market Doesn’t Care.