Some large 401(k) sponsors are providing the target-date fund investing model with a twist.
Consider that the financial services lobby lobbies more for the provider of financial services than the recipients of those services.
"...the U.S. Securities and Exchange Commission...raise serious questions concerning whether some pension consultants are fully disclosing potential conflicts of interest that may affect the objectivity..."
a "leak" in your 401(k) - one that could dribble away thousands...you'll be depending on...
Unfortunately, the investments in your 401(k) are likely not chosen based on your best interest, but on what's most profitable for the financial services...
60 Minutes "401(k) Fallout" Video
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