What if you were told the best way to calm your nerves was to be worried? Here are 7 reasons why this might be true.
Tag "auto-enrollment"
401k Caps Survive, Fiduciary Time-Out, and the Stocks Shall Rise Again!
Cap Cutting, Back Burners, and Eternal Truths
This is not to say the 401k is perfect and that there’s no need to improve it. These improvements, though, would be more like tweaks rather than wholesale changes.
State-run wrongs, advice vs. sales, and the consequences of fee compression.
401k rising, the Fiduciary Rule’s long goodbye, and a fee trend worth continuing.
If you want to understand how sophisticated plan sponsors think, you need to talk to sophisticated plan sponsors. For many years, Dale Neibert served as part of a two-man operation that headed one of the nation’s most sophisticated 401k plans. He explains how this plan sponsor incorporated advance behavioral finance techniques, and how it avoided some of today’s most dangerous fads.
With the pain of the Target Date Fund 2008/09 market crash debacle still lingering in the mind, to best assess the potential fiduciary liability inherent in TDFs – no matter what safes harbors were promised by the PPA – it’s critical that 401k plan sponsors understand what’s good about them, what’s bad about them, and just why they’re so popular.
Ted Benna says ERISA/PBGC – not the 401k – killed pension plans and that pensions no longer make sense given our current job-hopping demographics. He also says a lot more in this must read interview.
3 Reasons 401k Plan Sponsors are Smiling
As the year approaches its conclusion, it’s a good time to reflect on the good that we have seen in the 401k world. In doing so, we can see plan sponsors have reason to smile.