Most investors evaluate their 401(k).
By looking at the mutual fund menu they can see.
That is where the mistake begins.
In some 401(k) plans, the visible mutual fund menu.
Is not the full list of investment options.
Many 401(k)’s now include the SDBA, or self-directed brokerage account.
A brokerage account inside your existing 401(k) account.
The SDBA can offer more mutual fund choices.
Individual stocks and ETFs.
Access to independent 401(k) investment advice.
Some SDBA’s allow for investment advice fees.
Paid from the 401(k) in pre-tax dollars.
As you can see from these features listed here.
The SDBA can completely change how you use your 401(k).
You will no longer struggle with the “what to buy” mutual fund decision.
You can customize your 401(k) investment options.
You can manage your level of stock market risk.
As soon as you can, verify whether your 401(k) includes an SDBA.
If it does, your 401(k) options are broader.
Not stuck with the default mutual fund menu.
Go online and search your 401(k) for “self-directed brokerage account.”
Or ask your 401(k) provider about the “brokerage window” option.
Want to check if your 401(k) includes an SDBA option?
Connect with me here and I can find your answer.
P.S. Your 401(k) may not be as expensive and limited as you think.
