Wall Street Eyes $10 Trillion Opportunity as Washington Revises 401(k) Rules

The source says U.S. policy changes to 401(k) retirement plans could create a major opening for Wall Street, but it provides no further detail on the proposed revisions.

Summary

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Terms & Concepts
  • 401(k): A U.S. employer-sponsored retirement savings plan that lets workers invest pre-tax or post-tax income for long-term retirement goals.