Roll Over and Die Laughing IBM's momentous decision this month to wind down its traditional pension plan in favor of 401(k)s will no doubt accelerate the movement toward self-directed retirement savings.
And thus the spectacle of slow cross-country trains that should have been allowed to die when Amtrak took over from the freight railroads in 1971 but continue to roll at the cost of vast subsidies with little or no public benefit.
But if you don't need the money in a Roth 401(k) during retirement, you can roll it over to a Roth IRA and you (or your surviving spouse after you die) don't have to withdraw anything from it.