401k, biggest scam

Fidelity's Reynolds urges automatic 401(k) enrollment
Most 401k plan out there charge outrageous fees.
Careful calculation shows time and time again
that fees eat into the tax deferral and even
company contribution. The 401(k) is really the
biggest scam out there. I just don't trust
Fido is sincere, since it's losing its No 2
post in the mutual fund world and may want
to recover from 401(k) fees.