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Why is there a market failure in the 401 market

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Reference no: EM132542127

1) Why is there a market failure in the 401(k) market? (Hint: read chapter 8 and its description of imperfect information) then describe and detail all of the fees/costs associated with a 401(k).

Watch the following PBS Frontline video on the financial industry and its involvement in the 401(k) retirement system and answer the question.

https://www.pbs.org/wgbh/frontline/film/retirement-gamble/

Reference no: EM132542127

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