To review your 401(k) plan management expenses, ask for an example of a fee report that a typical client would get. “There will be two,” Meadows says. “One for the regular recurring cost of administration and the one that comes from the investments. The latter is likely hidden, but due to fee disclosure regulations, a provider must share this with their client.”
5 Myths About Your 401(k)
After five years of experience leading a TPA call center in North Carolina, Andrew decided to move west to explore parts unknown and follow his passion of helping others. Walking through the doors of Ubiquity Retirement + Savings, formerly The Online 401(k) for the first time, he knew he’d found something special. Continuing to delight clients and partners alike and 10 years later, Andrew has been able to develop new teams, co-found a non-profit of strategic alliances, co-produce a hard-hitting documentary about the looming retirement crisis, and still had time to spread the savings gospel far and wide. Using social media and actual media alike (Wall Street Journal, Fox Business, PlanSponsor, and more), you’ll find no one who likes talking retirement more than this guy!
January 26, 2016 at 10:38 am