**The 401(k) was the worst thing to happen to the US business world since the Great Depression.**
Come on!
**A Roth IRA is more flexible for college savings.**
All IRA’s should be Roth, especially those thousand $ ones given at birth.
Honestly, walk through any company and ask the employees where their 401k has invested funds and how they get those great 10% returns every year.
To the vast majority, it is akin to magic.
They have no idea how those fund managers literally destroy companies to achieve that next quarter’s number.
Billions of dollars are just handed over to those people every week. Without question and without a whole bunch of accountability.
It’s a scam of industrial proportions.