When to Skip Your Company’s 401(k)
by Jeff Somers from Lifehacker on (#6C18D)

The 401(k)-the most common way Americans save for their retirement years-is only a little over four decades old. Established by the Revenue Act of 1978, the 401(k) became a way to defer compensation tax-free starting in January 1980. Since then, retirement has never been the same, for better or worse.