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Study finds financial wellness does not provide 401(k) help

by Ric Lager | Aug 7, 2018 | 401k Advice, Blog, Educational

More and more companies are offering financial wellness programs to employees. That is the good news. The bad news is that a recent study published by Bank of America Merrill Lynch found a huge gap in what companies are offering and what individual company 401(k)...

Survey says…you are not as 401(k) smart as you think

by Ric Lager | Jul 31, 2018 | 401k Advice, Blog, Educational

A client of mine owns several banks across several Midwestern states. He recently sent me a copy of a banking industry report that shocked me. The publisher of this report is a company called Raddon, which is owned by Fiserv. Raddon works exclusively with financial...

The Dangers of “Doing Nothing” in Your 401(k)

by Ric Lager | Jul 24, 2018 | 401k Advice, Blog, Educational

When your cell phone battery needs recharging, you find a place to plug it in. When the check engine warning light goes on in your car, you take notice. When a routine doctor visit finds a condition that requires immediate follow-up, it gets your attention. The “cost...
Are your 401(k) mutual funds about to take advantage of you?

Are your 401(k) mutual funds about to take advantage of you?

by Ric Lager | Jul 17, 2018 | 401k Advice, Blog, Educational

You are incredibly experience, competent, and successful in your career. You contribute each year to your company 401(k) retirement plan account. Your company-matching contributions help grow your retirement plan account value every year. The last nine years of stock...

Make consistent company 401(k) investment management decisions

by Ric Lager | Jul 10, 2018 | 401k Advice, Blog, Educational

Let’s say there are two individuals who participate in the same company 401(k) retirement plan. One of these individuals could be you. The other could be your best friend at work. You both have the same amount of time, information, and ability to choose your company...

Enjoy the rest of summer. Hire someone to watch your 401(k)

by Ric Lager | Jul 3, 2018 | 401k Advice, Blog, Educational

The current U.S. stock market environment is causing concerns for the most experienced and sophisticated money managers. It is no wonder that the thought of losing the last several years of stock market returns fills individual company 401(k) retirement plan...
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