Ted Benna is credited with creating the 401(k), the ubiquitous retirement savings plan that supports millions of workers on their path to retirement. But even he recognizes that the outlook around ...

The ‘Father of the 401(k)’ will drive Salt’s market strategy to support hourly workers. Salt Labs, an employee rewards and incentives platform for frontline employees, announced that Ted Benna, the ...

Ted Benna has designed a new tax-advantaged workplace incentive program in which workers automatically earn ‘grains of wheat’ that can be harvested at a later date. Ted Benna, dubbed the father of the ...

NEW YORK, April 18, 2024 /PRNewswire/ -- Salt Labs, a first-of-its-kind employee rewards and incentives platform for frontline workers, today announced that Ted Benna, the widely regarded "Father of ...

WILLIAMSPORT, Pa. — Longtime Pennsylvania resident Ted Benna invented the 401(k) plan more than 35 years ago. Now, he has written a road map to cheaper, less complex retirement-savings plans for small ...

In 1981, Ted Benna created the first 401(k) plan, which allowed corporations to contribute, tax-free, to workers' retirement accounts. That allowed companies to get out of the pension business, but ...

Ted Benna was ready for the question when it popped up in an interview on National Public Radio a few years back. What if Benna, an employee-benefits consultant, had patented the 401(k) plan before ...

Retirement is a fraught subject for many American workers. Longer life spans, the rise of gig work, and soaring inflation are all reasons to make people fret about whether or not they have enough ...

As the Trump administration's tariff policies send shockwaves through the global economy, anxiety is building among investors worried about how to protect their retirement savings and other assets.

Ted Benna is considered the “father of the 401(k),” thanks to his redesign of the popular investment vehicle back in 1978 — a design that’s still used today. Nowadays, 34.6% of working-age Americans ...

Though 30 years ago Ted Benna took advantage of an IRS loophole to develop a retirement-planning phenom that become known as a 401K plan, today he would like to scrap the system altogether. He says ...