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Tag Archive: why were 401ks formed

Perhaps They Didn’t Create The 401(k) With You In Mind!

Perhaps They Didn’t Create The 401(k) With You In Mind!

Written by: Greg Marchand | Marchand Financial Services, Inc Don’t get me wrong.  The 401(k), or any salary deferral vehicle, can be a great way to store and accumulate resources for your retirement.   Many people unfortunately see their 401(k) as their only needed retirement vehicle, and I believe such limited planning will leave many retirees vulnerable to outliving their assets, and I think that may be leaving them very vulnerable. Pensions provide income when we are done working.  It is by far the most important...

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