EPISODE · Aug 30, 2024
The 401k Story: A Deep Dive with Its Inventor, Ted Benna
from New Polity · host Jacob Imam, Marc Barnes
Ted Benna has been called the "Father of the 401k." But now, he says that he created a monster. He intended for the 401 (k) to help turn spenders into savers, but it has become full of hidden fees and salary reductions that only enrich the financial industry rather than savers. In this podcast, Marc Barnes and Jacob Imam interview Ted Benna for his story of the 401 (k).
What this episode covers
Ted Benna has been called the "Father of the 401k." But now, he says that he created a monster. He intended for the 401 (k) to help turn spenders into savers, but it has become full of hidden fees and salary reductions that only enrich the financial industry rather than savers. In this podcast, Marc Barnes and Jacob Imam interview Ted Benna for his story of the 401 (k).
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The 401k Story: A Deep Dive with Its Inventor, Ted Benna
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