
Ted Benna
Ted Benna, the "father of the 401(k)" — retirement-benefit consultant who designed and gained IRS approval of the first 401(k) savings plan in 1980 and founded Benna401k, LLC.
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Sep 30, 2026
Ep. 47: The Creation, Popularization, and Evolution of the 401(k)
6:12
6:21
6:34
6:48
9:46

Ted BennaGUEST
Well, my senior partner was, and we went to one of the major Philly law firms first.

Ted BennaGUEST
But we then had the advantage of having one of our clients become secretary of transportation.

Ted BennaGUEST
So we went down to Washington, met with him, and he said, well, what do you guys want? And we said, well, connect us to Treasury because the key, Michael, was going to be what the regs contained when they came out.

Ted BennaGUEST
So as a result of that, I was able to talk to the guy who was just writing the regulations and explain in detail what we were doing and why it certainly made sense and was going to be pretty ridiculous for a number of reasons if IRS didn't take that position.

Michael FinkeHOST
So why don't you tell us a little bit about the problem and how Radish provides a solution?