Opinion: You have more access to your 401(k) than you think — and that’s not always a good thing

When policy makers consider leakages from 401(k) plans, they must balance two conflicting goals: 1) keeping tax-favored savings in the plan so that funds are available at retirement; and allowing access to participants who need their money, which can encourage greater participation and larger contributions. 

Read: Here is some provocative news about retirement, Social Security and mortgages

That said, the current setup seems a little crazy. Participants…

Read More