Ted Benna is often referred to as the "father" of the 401(k) plan
Update: 2024-07-30
Description
In this episode of "Retirement Planning With R & L Elevation Enterprises," hosted by Reginald Williams, the focus is on 401(k) retirement plans and their origination. Reginald delves into the perspectives of Ted Benna, often credited as the "father" of the 401(k) plan. Despite being the creator, Benna has expressed concerns about the plan's complexity and potential burden of fees for the participants, advocating for simpler and straightforward alternatives. Reginald emphasizes Benna's insights as a reminder of the importance of diversified retirement planning strategies and the value of sound financial guidance. Equipped with Vince Lombardi's empowering quote, Reginald concludes the podcast by urging audiences to remain focused on their retirement goals and the pursuit of financial knowledge.
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