|
Allan Henriques
President and Chief Executive Officer Would you like an analysis of your company's current 401(k) plan? Contact Allan Henriques at allan@smart-investor.cc for a complimentary assessment. 
|
The Retirement Plan Sponsor's Seven-Step Guide to Picking 401(k) Plan Providers Starting a retirement plan from scratch is time-consuming for plan sponsors. This is frustrating for executives who'd rather focus on running their business. Plan sponsors who want to select plan providers on their own should make sure they follow the seven-step process outlined in the table below. The AIFA Credential and Successful Retirement AIFA® stands for Accredited Investment Fiduciary AnalystTM and it's a sign that your financial advisor pursues the highest possible standards of fiduciary excellence. Retirement plan sponsors who want to do right by their employees should seek a financial advisor who holds the AIFA designation. After Occupy Wall Street, Occupy 401(k)? Retirement plan sponsors, beware! The anger that fueled Occupy Wall Street and, closer to home, Occupy Sacramento and Occupy Stockton, could spread to the 401(k) world. You may think Smart Investor is kidding. But we're not. Consider this statement by respected financial columnist Ron Lieber: "…people who are lucky enough to be employed and have a retirement plan ought to be staging a sit-in in the office of the person who runs that 401(k) plan." He made this comment in "5 Ways to Think About Nuisance Fees" in The New York Times. (Nov. 18). |
