How can we expect 401k plan sponsors to understand the difference when financial service professionals can’t?
Dedicated and disciplined savings is the best way to insure a comfortable retirement, and, after all, isn’t that what it’s all about?
Perhaps we’ve learned choice isn’t all that it’s cracked up to be.
Over the decades, the role and standard of different types of service providers has shifted when it comes to plan design. But one thing remains constant.
Traditional 401k plan designs have demonstrated they actually discourage savings.
Proof again that what gets repeated in the media is not the same thing as a fact.
We can do these things right now and more people will be able to save for retirement.
Would the DOL allow a private plan sponsor to use retirement funds for his own personal benefit?