Hacker News new | ask | show | jobs
by penny500 4811 days ago
What specific law are you referring to that forces Main Street to invest in 401Ks?
1 comments

The tax code, mainly (and remember attempts to privatize social security?). Not overt force, no, but intended to skew behavior certainly.
401k doesn't force you into wall street. You can buy govt securities or money market, unless your employer is awful.