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401(k) Basics: A Short Guide to Understanding Your Investment Plan Author|Kari Jo WagnerThere are over 70 million active participants in 401(k) plans, holding more than 7 trillion dollars in assets. With numbers like that, you'd think there'd be a lot of books written about 401(k)sbut there aren't! While there's a lot of money to be made in selling 401(k) plans to employers, there's little to no money to be made in educating each plan participant. Ask yourself: Has my employer adequately educated me regarding my plan? If your answer is
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