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Rating:Wall Street Tolls 25 Years of Funds in 401(k)s Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, June 02, 2006

Wall Street Tolls 25 Years of Funds in 401(k)s

by: Marie Glancy

The Investment Company Institute's Martin Flanagan and Paul Schott Stevens were on Wall Street Friday morning to ring the opening bell of the NYSE, in a moment that highlighted the centrality of mutual funds to 401(k) plans.

Their appearance celebrated the 25th anniversary of the 401(k) plan as a savings vehicle, and "the role of mutual funds as America's retirement investment of choice," explained an ICI press release. 

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