No strings attached? How in the world do you make that assumption? The SPD for most 401k plans is pages and pages of strings. Don’t get me wrong, I’m a fan of 401ks, but to state there are no strings attached is irresponsible, as you can’t possible speak for every employer plan out there.

You make a guaranteed return? Again, your proof is what?!? My account is actually worth *less* at the moment than the total of the contributions I’ve made to it. Even if you factor in the tax savings on that income (of course, it’s not savings, it’s deferred taxes) I’m still losing money! Yes I know it will turn at some point, which is why I’m still a fan of them in general, but you’re making some crazily broad statements here.