In this episode of the Retire Stronger podcast, hosts John Foard and Bill Kearney delve into the complexities of 401k plans, highlighting how they can become tax traps for retirees. They discuss the historical context of 401k plans, the psychology behind tax deferral, and the potential pitfalls of relying solely on these accounts for retirement savings. The conversation emphasizes the importance of proactive tax planning and offers strategies such as Roth conversions and tax diversification to mitigate future tax burdens.