The 401k Fallout - Is it really worth it?

Original release date April 27, 2009 6:30pm
Checked your 401k lately? The recent financial collapse has devastated this retirement resource. Older workers are hardest hit, as their financial futures may now be at risk. Steve Kroft reports.

On November 6, 1978. The first implementation of the 401(k) plan was in 1978, about three weeks after Section 401(k) was enacted, before the Revenue Act of 1978 even went into effect. Now almost forcing everyone in the stock market.

Original Source
https://www.youtube.com/watch?v=nAHgr9dY9BU