WebDec 14, 2024 · Ted Benna is the self-professed “actuarial grunt” who, in 1978, recognized the potential of a new clause, the 401 (k), that Congress added to the Internal Revenue Code (“the Code”). How it all happened was due to the vision Benna brought to work that for anybody else would have simply been mundane. Otherwise, this small—yet eventually ... WebJun 7, 2024 · Ted Benna, who invented the 401 (k) retirement plan in 1980, on his farm in northern Pennsylvannia. M. Scott Mahaskey/POLITICO White: So you’re saying that it …
401(k) founder: My creation is "a monster" - CBS News
WebJun 11, 2024 · Ted Benna, called the "father of the 401 (k)," created the first employer-based retirement savings program 30 years ago, but recently told Smart Money Magazine he feels like his creation has ... WebOct 27, 2003 · Ted Benna didn't set out to revolutionize the world of retirement saving — he was just doing his job as a benefits consultant. Still, he wound up being credited with … clark county local news
Why Ted Benna Is Endorsing the 501K Plan – Bank On Yourself
WebMay 16, 2016 · The inventor of the 401 (k) says he created a ‘monster’ Published: Sept. 26, 2016 at 3:20 p.m. ET By Jeremy Olshan ‘The 401 (k)’s biggest value is that it turns … WebApr 11, 2016 · 401(k) father Ted Benna has a stark warning for advisors. Ted Benna wants to make something absolutely clear; a warning for 401(k) advisors specifically, and the industry in general. “The long-term risk for 401(k) advisors is that if they don’t clean up the business, national and state-level government plans will take over,” he says. WebBen McKenna may refer to: Ben McKenna (cyclist) (1939–1992) Ben McKenna (footballer) (born 1993) Fictional characters: Dr. Benjamin McKenna, main character in the film The … clark county library winchester ky