Growing concerns about 401(k) balances
What a difference a few weeks can make. During the last nine-plus years of stock market advances, my conversations with individual company 401(k) investment advice clients were focused on building their company 401(k) retirement plan account balances. In the last few...Study finds financial wellness does not provide 401(k) help
More and more companies are offering financial wellness programs to employees. That is the good news. The bad news is that a recent study published by Bank of America Merrill Lynch found a huge gap in what companies are offering and what individual company 401(k)...Survey says…you are not as 401(k) smart as you think
A client of mine owns several banks across several Midwestern states. He recently sent me a copy of a banking industry report that shocked me. The publisher of this report is a company called Raddon, which is owned by Fiserv. Raddon works exclusively with financial...The Dangers of “Doing Nothing” in Your 401(k)
When your cell phone battery needs recharging, you find a place to plug it in. When the check engine warning light goes on in your car, you take notice. When a routine doctor visit finds a condition that requires immediate follow-up, it gets your attention. The “cost...
