3min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP437: Why Does The Stock Market Go Up? w/ Brian Feroldi

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Four O One K

The four o one k came about almost as like a mistake, i believe, or som you know, some kind of circumstantial thing. An eagle eyed benefits attorney named ted banna noticed that the language was vague enough and convinced his own employer to set one up. To day, it's the number one way that americans save for retirement. As of june last year, there were seven point three trillion dollars in four o oneK accounts.

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