Discusses how 401(k) plans work, contribution requirements, tax regulations, and how to transform an ordinary 401(k) plan into a windfall
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<b>Knute Iwaszko</b> has been a chemist, a salesman, and an innkeeper--and now manages his investment portfolios from the home he shares with his wife at the Jersey shore.<br><br><b>Brian O'Connel</b>l writes on business and personal finance for TheStreet.com, Financial Planning, the Bos-ton Herald, and Investor Relations, among other publications. He has worked with leading financial planner Jonathan Pond on The New Century Family Money Book, as well as on articles, newsletters, and television and radio projects. He lives and works in Framingham, Massachusetts.
, a regular Joe like me, are not a movie star or an overpaid professional baseball player or a lottery winner or a high-powered executive, what are your chances of becoming a millionaire? Better than you think--much better. And you don't have to strike oil to do it. The secret? It's not glamorous, but it is simple, and almost foolproof, because the math is in your favor. It's my story, and the story of others who are quietly amassing 401(k) fortunes--and the simple plan to make your story my story. "<br><br>A surefire plan for financial independence--through bull and bear markets.<br> <br>Knute Iwaszko--by turns a chemist, a salesman, and an innkeeper--made a million dollars without robbing a bank, without an inheritance, and without a Silicon Valley startup. He made it in a reliable but thoroughly new-fashioned way: by maximizing the potential of his 401(k) plan--and now he's going to tell millions of people how they, too, can become mil
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