Crypto doesn't sleep, so neither do we.

Crack-and-client support is available 24-7, 365 days a year by call, chat, or email.

We're here for you whenever you need us.

Give us a shout at crackin.com forward slash support proof,

not investment advice. Crypto trading involves risk of loss.

Welcome to the Clark Howard Show where it's about you learning ways to save more and spend less.

And don't let you whenever rip you off. I have a rip off work for you straight ahead.

Our websites are clark.com and clarkdeals.com.

And we need to have a serious talk. And I'm going to repeat this again about six months from now that you be very well aware of it.

There was a decision made by the U.S. Department of Labor that was so egregious, so mean-spirited,

at the very least, stupid beyond imagination.

And I need to make you solidly aware of a change that may be coming to the 401K plan,

if you are lucky enough to have one at your employer, a change that may be coming.

This is shocking. It is something either out of naivete or corruption.

That the U.S. Department of Labor is now allowing 401K plans to offer access to you investing in private equity.

This is just absolutely just so out of place and so inappropriate for a work-a-day person saving money in a 401K

to have promoted in that 401K that instead of you going into the routine-ized choices of going into target retirement fund or something like that,

that a regular mutual fund or index fund, that kind of stuff.

Now being offered, putting money into things that are designed for the very wealthiest and most sophisticated of us,

who go into an investment, many times it's a dark investment.

What that means is you don't even know what will be done with your money.

You also have massive, massive fees that you have to pay. Now the irony of that is 401Ks have been getting lower and lower in lower cost.

...