ETFs Coming to a 401(k) Near You!
March 01, 2012 at 11:25 AM EST
Once upon a time, American companies took care of their workers — before retirement and after. Big employers offered generous pension plans guaranteed for life. Those days are long gone. We’ve moved from a world of “defined benefit” to “defined contribution.” In English, that means “You’re on your own!” Plans like the 401(k) are called “defined contribution” because your retirement income depends how much money you contribute to your account … and how well you invest it. The good news: ETFs are changing your retirement options just like they’ve changed the investment landscape. And the biggest changes are still to come. 401(k) investors are often left stranded. But there’s another factor as well, in the form of . . . → Read More: ETFs Coming to a 401(k) Near You!