When it comes to 401(k) plans, maybe fewer is better.
At least that seems to be the case with Wyoming, which has the lowest number of defined contribution plans. But when Wyomingites do get access, they get to participate in some of the best-performing plans in all of the union.
That's according to the latest ranking of the best states in which to have a 401(k) from Judy Diamond Associates, a provider of plan data and analytic tools for retirement advisors.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
