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Ted Benna built the 401(k) 40 years ago — now he says it fails lower-income workers and is pushing a simpler alternative

For high-income earners, the 401(k) has proved to be a successful wealth-builder — there's even a record number of 401(k) millionaires . But the man known as the father of the 401(k) is having some r

Ted Benna built the 401(k) 40 years ago — now he says it fails lower-income workers and is pushing a simpler alternative
Yahoo Finance — 2 August 2026
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For high-income earners, the 401(k) has proved to be a successful wealth-builder — there's even a record number of 401(k) millionaires .

But the man

Read Full Story at Yahoo Finance →
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