CBS News 60 Minutes Segment: "401K Fallout"

As reported by 60 Minutes, you’ll note that it references heavily the danger that market volatility can pose to retirement plans especially in the later part of the earning years, exposes the fee structure that many 401k owners are unaware of, and generally talks about misunderstandings about why the  401k plan was developed.  

 

You’ll also find a response to the video from the a newspaper that references the fit for indexed annuities as a solution to limiting that volatility and inserting guarantees and guaranteed income.