The 401(k) Turns 40 : Planet Money The 401(k) retirement plan turned 40 this week! Today on the show, we chronicle the rise of the 401(k), the fall of the pension, and talk to the man who started it all.
NPR logo The 401(k) Turns 40

The 401(k) Turns 40

Constanza Gallardo
401k Turns 40
Constanza Gallardo

40 years ago, the 401(k) was plucked from deep within the tax code and brought into the world. Today, it's the most common retirement plan in the country with millions of people contributing trillions of dollars. But it's not without its critics. Today on the show, The Indicator and Planet Money come together to celebrate the mighty 401(k).

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