Most individual 401(k) investors don’t realize this.
There is a huge shift taking place in retirement plan investing.
The growing desire to shape one’s 401(k) control.
Not with the “one-size-fits-all” default mutual fund options.
With a 401(k) account option that reflects your goals and risk tolerance.
Today, more employers are offering Self-Directed Brokerage Accounts (SDBAs).
A brokerage account within your existing 401(k).
The SDBA is like the after-tax brokerage account you might have now.
A place to own individual stocks, ETFs, and more mutual funds in your 401(k).
Here’s a chance to reshape the future direction of your 401(k).
Less expensive investment options.
The chance for improved investment returns.
Stock market risk you are comfortable taking.
Here’s the best 401(k) SDBA feature for most individual investors.
The ability to hire your own independent advisor inside your 401(k).
Many SDBAs already allow this.
If not, third-party investment advisor access is often available.
If you don’t have the time to manage your 401(k).
If you would like professional to help picking your 401(k) mutual funds.
If you finally want to stop “guessing” in your 401(k).
The SDBA option may be a good 401(k) account option.
P.S. If the SDBA option is available in your 401(k), I’m happy resources to help.
