401(k) Creator Launches Radish Plan for Workers Earning Under $155,000 as Pilot Starts With 200 Employees
Ted Benna, 401(k) Creator, Launches Radish Plan for Low-Income Retirement SavingsTed Benna, the Father of the 401(k) Retirement Plan, Has a New Savings Plan - BloombergTraditional 401(k) plans are too complex, expensive for small businesses: Ted Benna401(k) creator Ted Benna talks retirement legacy | FortuneThe Inventor of the 401(k) Thinks It Has Gone Awry - Barron's401(k) Creator Ted Benna Criticizes Plan's Failure for Lower-Income Workers, Proposes Alternative401(k) Creator Ted Benna Proposes "Radish" Employer-Funded Plan for Homeownership401(k) Creator Ted Benna Launches Radish, New Employer-Funded Savings Program for Low-Wage WorkersHe created the 401(k). Now he has a new retirement plan. | LinkedIn401(k) creator wants workers to ditch it401(k) Creator Ted Benna Launches Radish Savings PlanIn Ted Benna's view, the retirement savings plans he helped create have grown too complex and beyond the reach of the people who most need financial security. He now has a newIn 1981, Ted Benna created the first 401(k) plan, which allowed corporations to contribute, tax-free, to workers' retirement accounts. That allowed companies to get out of the pension business, but gave employees