The real scheme behind the 401k is control. All the money managers boil down to Vanguard, BlackRock, and State Street, who use our funds to gain board control in every major commercial investment in the nation.
ugh and yeah. unlike ira there is no ability for employees to choose who is doing the management. Well outside of moving it over regularly which can be kinda hard to get to with all the other financial overhead pushed onto americans.
The real scheme behind the 401k is control. All the money managers boil down to Vanguard, BlackRock, and State Street, who use our funds to gain board control in every major commercial investment in the nation.
ugh and yeah. unlike ira there is no ability for employees to choose who is doing the management. Well outside of moving it over regularly which can be kinda hard to get to with all the other financial overhead pushed onto americans.