Fiduciary News

From a tax standpoint, Are people better or worse off investing in a 401k plan? – Lately, there’s been much discussion surrounding the tax benefits of 401k plans. Many say, with tax rates so low, there’s no reason to invest in a 401k or any other tax deferred savings plan. Tell us what you think below. In either case, you might be surprised by the…[Read more]

Winners help plan sponsors solve problems, but which ones? If you want someone to do you a favor, you must first do them a favor. That’s one of the big lessons taught by Professor Don Corleone. (And when that doesn’t work, there’s always “that” offer.) Trouble is, sometimes people ask for one thing and want another. Other times they ask for somet…[Read more]

How Often Should Plan Sponsors Meet with Service Providers? – Monthly, quarterly, semi-annually, or annually? A plan and its investment option menu is like an aircraft carrier – it takes a long time to turn it. Unless something dramatic happens, meeting more than once a year may lead to short-term reactive decision making, which may not be in t…[Read more]

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Welcome to Member News! This is the only group available to basic members. You’ll want to visit this group often to discover new benefits or critical “How-To” Answers. In fact, if you’ve got a question about the site, please ask it here. I’m sure you’re not the only one with the question and sharing it here will allow others to benefit from…[Read more]

Should adolescent “Stock Market Challenge” games be banned from schools? How can someone learn the important lessons of investing for a lifetime if they’re rewarded for playing a short-term trading game? Are there better ways to simulate long-term investing in a gamified form?
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What’s your most frustrating story when it comes to 401k employee education? If you’re teaching, tell us the one about the time you thought you nailed the presentation only to find out the audience later failed to act per the lesson. If you’re taking the point of view of the audience, tell us about the time the presenter glossed over – or even ou…[Read more]

Does your 401k plan measure retirement readiness of participants and, if so, how do you measure it? Despite all the noise and rancor about fees and annual investment performance, this is the bottom-line: Are the employees on the right path to be ready to retire? The article contains some thoughts on measuring retirement readiness. What is your…[Read more]

What’s the best way to measure the success of a 401k plan? How we pick 401k benchmarks have changed over the years. What guidelines to select benchmarks do you use today that you didn’t use 10-15 years ago? Can’t remember that far back? Here’s an article highlighted how those guidelines have changed. What do you think?
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How much do retirement savers need to accumulate? What do you think? Is $1,000,000 the number people should be aiming for to live a comfortable #retirement? If not, what are the more important variables? #fiduciary #401k #IRA
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Are investors who fail to learn from history doomed to repeat it? We hear millennials prefer to buy annuities than to save in a 401k or IRA and invest directly (and at a lesser cost) in the stock market. Well, this is bad news and good news. The bad news is that those that don’t learn from history are condemned to repeat it. How many baby b…[Read more]

After decades of relying on “risk tolerance” questionnaires, how do you convince 401k plan sponsors and investors that they’re more dangerous than useful? What horror stories can you share? As the attached link explains, since as early as 1999, it’s been widely known “risk tolerance” questionnaires are, at best, irrelevant and, at worst, misl…[Read more]