Comments on: Problems and (proposed) Solutions for 401(k) Plans http://financialducksinarow.com/854/problems-and-proposed-solutions-for-401k-plans/?utm_source=rss&utm_medium=rss&utm_campaign=problems-and-proposed-solutions-for-401k-plans Articles about retirement savings & income, investing, and income tax Wed, 08 Feb 2012 16:37:58 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: jblankenship http://financialducksinarow.com/854/problems-and-proposed-solutions-for-401k-plans/#comment-121 jblankenship Thu, 14 May 2009 11:44:06 +0000 http://bfponline.com/weblog/?p=854#comment-121 I agree wholeheartedly, Helen. But I suspect we have a ways to go for the pendulum to continue swinging in the direction of "disconnection" between employers and employees, before we'll see things coming back toward a happy medium... I agree wholeheartedly, Helen. But I suspect we have a ways to go for the pendulum to continue swinging in the direction of “disconnection” between employers and employees, before we’ll see things coming back toward a happy medium…

]]> By: helen http://financialducksinarow.com/854/problems-and-proposed-solutions-for-401k-plans/#comment-120 helen Thu, 14 May 2009 02:51:55 +0000 http://bfponline.com/weblog/?p=854#comment-120 It makes sense to have the employer involved if they are making contributions to the 401(k) plan, but I suspect that this is (yet another) benefit that is on the way out. We've swung from a society where the employer had cradle-to-grave responsibility for the employee to one in which there is little connection between the employer and employee, other than a paycheck. Neither extreme is healthy. I just hope we land at a happy medium. It makes sense to have the employer involved if they are making contributions to the 401(k) plan, but I suspect that this is (yet another) benefit that is on the way out. We’ve swung from a society where the employer had cradle-to-grave responsibility for the employee to one in which there is little connection between the employer and employee, other than a paycheck. Neither extreme is healthy. I just hope we land at a happy medium.

]]> By: jblankenship http://financialducksinarow.com/854/problems-and-proposed-solutions-for-401k-plans/#comment-113 jblankenship Fri, 08 May 2009 11:25:29 +0000 http://bfponline.com/weblog/?p=854#comment-113 We'll just have to hope for some middle ground. Where the employer takes an active role in engaging the employee to be involved, as well as providing access to objective advice, but not actually administering the plan. I know, not likely, but we can dream, right? :-) We’ll just have to hope for some middle ground. Where the employer takes an active role in engaging the employee to be involved, as well as providing access to objective advice, but not actually administering the plan. I know, not likely, but we can dream, right? :-)

]]> By: Mike http://financialducksinarow.com/854/problems-and-proposed-solutions-for-401k-plans/#comment-112 Mike Fri, 08 May 2009 00:53:07 +0000 http://bfponline.com/weblog/?p=854#comment-112 Good review of the situation Jim. I'd love to see the employer removed from the picture too, but I'm skeptical that will happen because as you write, most folks don't have a clue.. and don't "want" to have a clue. It's easier when the employer does it for them, even though it may not always be in their best interest. Good review of the situation Jim.

I’d love to see the employer removed from the picture too, but I’m skeptical that will happen because as you write, most folks don’t have a clue.. and don’t “want” to have a clue. It’s easier when the employer does it for them, even though it may not always be in their best interest.

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