Time magazine and others have called the 401(k) retirement program a “ticking time bomb” due to hidden annual charges, no accountability combined with low, net investment returns.
It is imperative when setting-up your long term retirement plan to look at more than the standard 401K program. There is a wonderful TIme magazine article well worth reading.
Click HERE to read about a tax-free, safe, alternative to the 401(k) retirement plan.
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“Why It’s Time to Retire the 401(k)”
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Did you see the recent article in the WSJ about the pitfalls and shortcomings of 401(k) plans?