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In Defense of the 401(k)
Ann Combs via Pensions & Investments Link to more items from this source
[Opinion]
Feb. 24, 2009

"Headlines and rhetoric aside, well-designed DC plans, including the popular 401(k) plan, have served American workers well for the past three decades -- despite occasional and inevitable stock and bond market turmoil. Indeed, DC plans have been broadly embraced by American businesses and their employees. There are some 65 million active participants in DC plans holding nearly $3 trillion in assets." [Feb. 9, 2009]

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