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AZ Tech Roundtable 2.0

AZ Tech Roundtable 2.0 with Matt Battaglia

The show where EntrepreneursTop Executives, Founders, and Investors come to share insights about the future of business


AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving

Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more… 


AZ TRT Podcast Home Page:

‘Best Of’ AZ TRT Podcast: Click Here 

Wealth for Life: HERE


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Aug 30, 2021

Ted Benna, the Father of the 401K Covers It All – History, Pensions, Fees & More

- BRT S02 EP 35 (82) 8-29-21


What We Learned This Week

  • History of the 401K
  • Pension, Thrift Plans & Mutual Funds
  • Golden Handcuffs - stuck with a Co. 
  • ERISA & Pension Benefit Guaranty Corp.
  • Tax Code 1978 created the section for the 401K



Guests: Ted Benna, Benna 401K

Ted Benna, Father of the 401K, has worked in pension and retirement benefits industry for 60 years, and literally wrote the book on the 401K. He was a pioneer in the early 80s in designing the early 401K Plans, and then getting them approved by the IRS to be the model still used today.


401K Forty Years Later (2018) – History of the 401K

401K & IRA for Dummies Updated Version (2021)




History of the 401K – from inception to now a $10 Trillion Industry

What Companies used to offer employees – Pensions, Thrift Plans, etc

How the Good Old days were not so Golden as Pension Plans were often underfunded

Golden Handcuffs – had to stay at a company 30 years before your were eligible for the pension

ERISA 1974 – why it was created, and how it killed off Pension Plans

PGBC - Pension Benefit Guaranty Corp. – what it does to protect your Pension (sort of) 

Tax Code 1978 created the section for the 401K

How Ted Benna created the model for what is now the modern day 401K Plan – employees defer part of their salary, plus Employers give a partial match

Mutual Fund industry exploded in the late 80s to early 90s with retirement plans and 401Ks

Social Security – you get taxed on that too

401K Fees – hidden and costly fees of 2 – 3%


Ted tells you options for small business owners to setup retirement funds that are easier than 401ks (less paperwork) and have minimal fees (.5 %).


Investing Topic:


Retirement Topic: Here


Link to Taxes Show on 10/31/2021 w/ Denver: Here

Link to Offense / Defense Show on 6/6/2021 w/ Denver: Here


Thanks for Listening.

Please Subscribe to the BRT Podcast. 


Business Roundtable with Matt Battaglia

The show where EntrepreneursHigh Level Executives, Business Owners, and Investors come to share insight and ideas about the future of businessBRT 2.0 looks at the new trends in business, and how classic industries are evolving

Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more… 

BRT Podcast Home Page:

‘Best Of’ BRT Podcast: Click Here

BRT Podcast on Google: Click Here

BRT Podcast on Spotify: Click Here                   

More Info:

KFNX Info:


Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.