It's a trust in which a beneficiary (in this case, Gov. Romney) has no knowledge of the holdings of the trust and no right to intervene in the way assets are handled.
A blind trust enables Romney to remain unaware of the
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In this case the blind trust term is used to mean that he (Mr Romney) is not in control of the investments, he is "blind" to the allocation activity in the trust. The trustee or trust manager is taking care of the investments
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HI Tyler, this is becoming a more and more common question for those offered a Roth 401k option. I am glad to hear your firm offers this version to you. I think the Roth 401k will be a true financial gift to those who take
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