Talking Money, Clearly
Talking Money, Clearly with Wes Cuprill is your straightforward guide to making smarter financial decisions.
Each week, Wes breaks down investing basics, financial planning, and money management with a no-nonsense approach that cuts through Wall Street hype. From budgeting, saving, and paying off debt to building wealth, retirement planning, and navigating today’s financial noise, this show delivers clear advice for millennials, middle-aged adults, and families who want to take control of their future.
With segments like Wealth Wise Women and expert insights on global diversification, financial literacy, and long-term investing, Wes brings both education and coaching to help you stay committed to your plan and avoid costly mistakes. If you’re ready for practical financial strategies, real-world clarity, and a coach who tells it like it is, this podcast is for you.
Talking Money, Clearly
How an Accident in 1978 Created the 401(k) — and Changed Retirement Forever
The 401(k) was never meant to exist — but it changed retirement forever. In this episode, I explain the history of the 401(k), how it started as a small section of the 1978 Revenue Act, and the story of Ted Benna — the man who saw an opportunity that reshaped the American retirement system. You’ll learn how pensions began to fail, why companies moved away from guaranteed benefits, and how the 401(k) became the backbone of retirement for millions of workers today.
👉 Subscribe for clear, practical advice on investing, retirement, tax planning, and building lasting wealth.
Chapters🕓
00:00 - The History of Retirement
01:47 - The Pension Crisis and the End of an Era
03:49 - The 1978 Revenue Act and the Birth of the 401(k)
06:48 - Why the 401(k) Took Over
07:49 - The Lasting Impact and the Future of Retirement
