Jump to Navigation
Jump to Content

Should the 401(k) Be Reformed or Replaced?

New York Times
Date Published: 
Tuesday, September 11, 2012

John Greene worked for 30 years at an Oscar Mayer plant in Madison, Wis., deboning hams and loading boxes of hot dogs. His plan grew to $60,000, and soon after retiring he began withdrawing $3,600 a year from it, money that allowed him and his wife to take what he called a wondrous two-week trip to Scotland, his ancestral homeland.