Forty years ago, Ted Benna invented the 401(k). But back then, he said, the retirement savings landscape didn’t look anything like it does now. For many individuals, Mr. Benna said Tuesday at The Wall Street Journal’s Future of Everything Festival in New York, 401(k)s are now the default option. “That’s the vehicle you have for saving for retirement. That’s the game you’re in.”

Source: Wall Street Journal May 21, 2019 19:46 UTC