Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Sr. Retirement Plan Administrator

Tycor Benefit Administrators, Inc.
(PA)

Tycor Benefit Administrators, Inc. logo

Retirement Plan Administrator

Nicholas Pension Consultants
(Remote)

Nicholas Pension Consultants logo

401(k) Plan Administrator

Abacus Retirement Solutions, LLC
(Remote / Albuquerque NM)

Abacus Retirement Solutions, LLC logo

DB/DC Administrator

Primark Benefits
(Remote / San Mateo CA)

Primark Benefits logo

Retirement and Executive Compensation Consultant

Retirement Learning Center
(Remote / Brainerd MN)

Retirement Learning Center logo

Regional VP of Sales

The Retirement Plan Company
(Remote / AZ / CA / CO / MN / MO / OR / WA)

The Retirement Plan Company logo

Senior Consultant

Pentegra
(Remote / Putnam Valley NY)

Pentegra logo

Director of Member Services, Member/ Employer Experience

Orange County Employees Retirement System
(Santa Ana CA)

Orange County Employees Retirement System logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile App image LinkedIn icon
Twitter icon
Facebook icon

<< Previous news item   |   Next news item >>



Father of 401(k) Plans Thinks Latest Savings Rage -- the Roth 401(k) -- Is Overrated
Las Vegas Review-JournalLink to more items from this source
Oct. 7, 2005
Excerpt: The man who is credited with inventing the 401(k) plan isn't very impressed with the latest twist on the 25-year-old retirement program. Roth 401(k) plans will let workers save part of their taxable wages so they won't owe any taxes when they withdraw the funds after retirement. But Ted Benna, who designed the first 401(k), doesn't 'consider it personally to be a very big deal (even though) it's going to get a lot of press.'

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).
An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).
© 2022 BenefitsLink.com, Inc.