Browsing Tag
401(k) Advisors
333 posts
A 401(k) advisor is a financial professional specializing in employer-sponsored retirement plans, specifically 401(k)s. They guide plan sponsors (employers) in various aspects, including plan design, investment selection, employee education, and ensuring compliance with regulations like ERISA. They also help plan sponsors fulfill their fiduciary responsibilities.
How to Avoid 401k Fiduciary Booby Traps with Broker-of-Record Changes
The new definition of fiduciary means more registered representatives held to a fiduciary standard of care who were…
401(k) Financial Wellness Amps Up with Digital Release
Financial wellness is the buzzword du jour, but there’s no denying its critical importance in ensuring good 401(k)…
The 3 ‘Rs’ of a 401(k) Advisor’s Value Proposition
Human decision-making is complex and sometimes convoluted. But it can also be Pavlovian, which is to say, predictable.…
401(k) ‘Auto-Portability’ Goes to Washington
The next big 401(k) issue to hit Washington lawmakers could be auto-portability. On June 8, 2016 Retirement Clearinghouse…
How Much Do Participants Really Know About Their 401(k)?
Talk about a leap of faith—401(k) participants are confident about their plans, yet many have no idea how…
The Best Place in the World for 401k Participants to Retire
Where should your clients retiree? Boca? Please …Scottsdale? Not a chance. Believe it or not, the beachfront Algarve region…
What are the Roots of 401(k) Financial Illiteracy?
Adult illiteracy in the area of finances stems from inadequate preparation in high schools and universities. Students are…
How Far, and Fast, Are RIA Firms Growing?
We admit we’re a bit biased, but we feel it has everything to do with their 401(k) business.…
Good News! Fewer Participants Using 401(k)s for …
The ongoing saga of the “Sandwich Generation” has 401(k) advisors perplexed. Longer lifespans and a shortage of funds…
COLA Increases Apply to 401(k) ERISA Civil Penalties As Well
An important reminder concerning the Department of Labor. It has issued an interim final rule identifying increases in certain ERISA…