No. of Recommendations: 2
401(k)s also offered portable benefits, letting workers take their retirement funds with them if they changed jobs.

Centex and Answer touched on it briefly a couple of posts above this. But in that whole article there was only one sentence about the biggest advantage of 401(k)'s. Before the bull market of the '90s that was the major selling point of the 401(k) and it still should be.

The article's author was going for sensationalism, obvious by the completely unecessary portrayal of a rich vs. poor issue. The point (undereducation, reduced benefits, whatever) was made without the affluence-bashing.

- Tom
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