THE FUTURE OF YOUR 401 (k): Overhaul is almost certain. A consensus is building for some sort of nest-egg guarantee

摘要

SINCE THE STOCK MARKET'S peak in October 2007, investors have lost as much as $2.5 trillion in their 401(k) and IRA accounts. Layer that anguish on top of existing frustrations with 401(k) plans - that hidden fees nibble away at returns, balances are inadequate, and less than half of U.S. workers even have access to one - and the question arises: Are 401(k)s a failed experiment, or are they just in need of tweaking?