There is an easy option available to avoid the poor mutual fund options that populate the majority of company 401(k) retirement plan menus. Go online or call your current company 401(k) retirement plan provider. Find out if you have a self-directed brokerage account...
Every Minnesota company 401(k) retirement plan offers a default menu of mutual funds chosen by your employer and plan administrator. This menu of mutual funds is selected in order to limit the fiduciary liability issues for both parties. Individual company 401(k)...
Company retirement plans are legendary for their limited menu of boring mutual fund options. But the statistics say that more and more company retirement plans are adding a key account option known as a “self-directed brokerage window.” In 2005, about 15% of company...
This financial industry research endorsement has taken much longer than I ever expected. For the first time that I have seen, Morningstar, Inc. has taken a positive tone to the use of ETF’s (exchange traded funds) in a company 401(k) retirement plan account....