Do you remember November 1978?

Scott McEvoy • November 10, 2025

If you attended high school in 1978, you are likely nearing age 65, the point when you will start making decisions about your Medicare options.

A stack of fifty-dollar bills, a calculator, and a notepad with

The 401(k), the most popular retirement savings plan in American history, was created by the signing into law of the Revenue Act of 1978, an amendment of the U.S. Internal Revenue Code.


If you attended high school in 1978, you are likely nearing age 65, the point when you will start making decisions about your Medicare options.


To learn more about your options, give me a call to schedule a no-cost, no-obligation informational meeting.

In the meantime, enjoy recalling these memories from November 1978:


Top 5 Singles – November 18, 1978

#1 “MacArthur Park” – Donna Summer

#2 “Double Vision” – Foreigner

#3 “How Much I Feel” – Ambrosia

#4 “You Needed Me” – Anne Murray

#5 “You Don’t Bring Me Flowers” –Barbra Streisand and Neil Diamond


Top-Grossing Movie Week of November 15

“Magic” 


November 1978 Events

  • The first “plain language law” in the United States went into effect in the state of New York, directing that all consumer contracts for less than $50,000—including leases, loans and credit card agreements—must be written in “a clear and coherent manner, using words with common and everyday meanings.”
  • The Presidential Records Act, changing the ownership of a U.S. president’s records to the National Archives, rather than allowing former presidents to retain their business records, was signed into law by President Jimmy Carter. The new law was enacted after former President Richard Nixon sought, after his resignation in 1974, to destroy his records as president.
  • The 401(k), the most popular retirement savings plan in American history, was created by the signing into law of the Revenue Act of 1978, an amendment of the U.S. Internal Revenue Code.
  • The Chicago television station WGN-TV, Channel 9 on VHF television, became the second TV broadcaster to use satellite transmission to reach cable systems across the United States as a “superstation” when its signal was uploaded to a transponder on the Satcom-3 communications satellite and beamed down to subscribing cable systems. Ted Turner’s WTCG in Atlanta was the first superstation, launched two years earlier.
  • “Mommie Dearest,” the first major tell-all celebrity biography was published. It was Christina Crawford’s account of an abusive upbringing by her mother, film actress Joan Crawford
  • The first body piercing shop, The Gauntlet, was opened by Jim Ward and Doug Malloy, at a storefront in West Hollywood, California.
  • In Guyana, Jim Jones led his Peoples Temple cult in a mass murder–suicide in his commune, Jonestown, that claimed 909 of them at Jonestown itself, including over 270 children.

—Source: Wikipedia


HealthMarkets Insurance Agency, Inc. is licensed as an insurance agency nationwide except in MA. Not all agents are licensed to sell all products. Service and product availability varies by state. Agents may be compensated based on enrollment. No obligation to enroll. 52806-HM-1125 


You're Invited!

You’re invited to schedule a no-cost, no-obligation informational meeting to discuss your Medicare options. Call Scott McEvoy, Licensed Insurance Agent, at (216) 815-1850 or email him at Scott.McEvoy@HealthMarkets.com. Consultation at no cost to you.


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