The stock market’s dramatic dive over the past year has some people questioning the usefulness of 401(k) plans. A recent article on msn.com reports: “This is the biggest test that the 401(k) plan has seen to date, and it has failed,” says Robyn Credico, the head of defined-contribution consulting at Watson Wyatt Worldwide, noting that [...]
Filed under: Economics, News, Personal Finance, Politics | Tagged: 401(k) plans, retirement, social security | 3 Comments »