Every 401(k) retirement plan offers a default mutual fund menu. The mutual funds selected by your employer and plan administrator. The menu of mutual funds limits the fiduciary liability issues for both parties. Individual 401(k) participants may also have a...
The financial media offers some of the cleverest advertisements. The problem is the majority of investment products promoted are not available on your company 401(k) retirement plan menu. What good is a Morningstar 5 Star Rated mutual fund if you can’t own it in your...
In my reading this week, another article popped up on the dire circumstances of self-directed brokerage account options found on company 401(k) retirement plan account menus. A plansponsor.com article titled, “Considerations for Offering SDBAs in Retirement Plans” is...
ETF’s are becoming a more popular option in Minnesota company 401(k) retirement plans. I think that fact is a very positive development for individual retirement plan investors. Lower annual costs and improved investment performance are the main attraction. This is...
“Don’t stress, Dad.” I hear that from one or both of my teenagers once a day. Last August, Charles Schwab released a national survey of 1000 company 401(k) retirement plan participants. A partial list of the survey results is listed below. 89% of survey respondents...
