Gunfight at the 401K Corral
6 Pages Posted: 2 Jan 2008
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?
Keywords: 401(k), ERISA, excessive fees, retirement
JEL Classification: C53, D31, D63, E21, G18, G23, G28, J26, K00
Suggested Citation: Suggested Citation