When I was a kid in day school in Brooklyn, we had a classmate whose shtick was that he was rich. He wasn’t rich, his father was a pa- thologist who worked at a city hospital, his mother didn’t work, and they rented a nice apartment in Brooklyn. Yet, he was insis- tent to our classmate that he was rich, he liked to brag, and deep down, he was insecure. My grandmother al- ways said it best, that those who bragged the most, have the least. There will be 401(k) plan providers trying to get your business as a plan sponsor, and they will try to impress you with things, that really shouldn’t. This is what this article is all about.
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