The 401(k) Conundrum: A Failure of Design or Intent?
Ted Benna's admission that the 401(k) he helped create four decades ago has failed lower income workers should be a wake up call for policymakers, employers, and the financial industry itself.
At its core, this is not just a story about a flawed retirement plan but an indictment of a system that prioritizes high income earners over those who need it most.