Gunfight at the 401K Corral

Abstract:     
The original Gunfight at the O.K. Corral was a gunfight of legendary proportion and has been portrayed in numerous Western films. Its importance is that it has come to symbolize the struggle between (1) the rule of law and (2) open banditry in the Old West, where effective law enforcement was too often lacking.

Has the time come for another historic showdown between the rule of law and what some are boldly characterizing as open banditry in the 401(k) marketplace?

Number of Pages in PDF File: 6

Keywords: 401(k), ERISA, excessive fees, retirement

JEL Classification: C53, D31, D63, E21, G18, G23, G28, J26, K00

working papers series