Target Date mutual funds have become the dominant Minnesota 401(k) company retirement plan investment option over the last few years. In a recent national survey, over 51 percent of all company retirement plan participants currently owned at least one of the Target...
Buy-and-hold investing has been preached to individual company 401(k) retirement plan participants since the beginning of their working careers. Let’s call it what it really is; buy-and-hold investing is just another name for “set-it-and-forget-it” investing....
Most individual company 401(k) retirement plan participants don’t have the time, temperament, or expertise to make investment management decisions in their company 401(k) retirement plan account. More and more individual investors are seeking out independent...
Many of my investment advice clients are doctors. I recall their comments over the years about new technology that has provided patients with safer and more effective medical care. The same advances in technology have taken place in the investment advice profession....
The investment advice business is like any other service business. A dry cleaner, a lawn care company, and the person who cuts your hair are all in the service business. An individual company 401(k) retirement plan participant seeks out an investment advisor to solve...
I had a client of mine call me from Crane Lake, Minnesota earlier this week. His bachelor uncle had recently died; leaving no wife or children in his will. Federal law states that surviving spouses automatically inherit their spouse’s company 401(k) plan account. In...
