Focus (Forum & Focus)
Dec. 22, 2007
Saving 401(k)s
Forum Column - By Peter K. Stris and Brendan S. Maher - An upcoming decision from the Supreme Court will establish whether meaningful remedies are available for employees who have their savings accounts mismanaged by their employer.
By Peter K. Stris
and Brendan S. Maher
Few things frighten and anger hard-working Americans more than a perceived threat to their retirement security. For this reason, House Speaker Tip O'Neill famously referred to Social Security as "the third rail of American politics." Given the heated disagreement and debates over the propriety of privatizing Social Security, a lawsuit that quietly reached the United State...
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