*** *** For many of us the money we put into our 401k and the money we grow there will be a primary source of funds to see us through our retirement however we may envision it. The more I talk with people about their accounts the more I see common pitfalls that are easily…
Tag Archive for 401k investment options
Think you Can Hit the Right Combination of 401k Investment Choices without Professional Help?
by George Huss
You have accumulated your wealth by virtue of talents other than managing an investment portfolio. You have worked hard in your field and have had the presence of mind to put aside money for retirement. Do you have the time and the desire to teach yourself an entirely new professional set of skills? Do you…
Are 401k Advisors being Honest about Buy and Hold?
by George Huss
For who is the “Buy and Hold” message directed? The financial industry, particularly in the mutual fund space, has spent millions upon millions of dollars spreading this advertising message. And, in truth, that is all it is ~ an ongoing advertising campaign. How can you tell? Look at
How Can My Employer Offer Free Investment Advice For My 401k Options?
by George Huss
Let’s be honest here: something for nothing is what we commonly believe to be the definition of free. However, even free offers have a cost. In the area of your 401k plan, your employer will likely offers free tools. Common among them will be informational brochures on how the plan works, how you opt-in,…
How to assess the Self Directed Brokerage Account (SDBA) option in your 401k Plan.
by George Huss
This article will help you with your initial assessment of the Self Directed Brokerage Account (SDBA) among your 401k investment options, which may include ETFs or exchange traded funds. photo © 2010 Keith Ramsey | more info (via: Wylio) What you need to know about the SDBA is that it expands the investment choices open…
How Your 401k Options are Impacted by The Philosophy of Your Plan Provider.
by George Huss
Why should I care about the philosophy of my 401k Plan Provider? The short answer is it will impact your money. Quick point, your Plan Provider is the investment bank, bank, or financial services firm that provides the investment platform that is your 401k plan. photo © 2009 woodley wonderworks | more info (via: Wylio)…
How Rebalancing of the Target Date Fund Among Your 401k Options Really Works.
by George Huss
This is an important enough concept to spend a bit more time explaining. Recall the Target Date Fund in your 401k, in theory, is to protect your retirement savings account by rebalancing your portfolio every year
The Risk of a Target Date Fund In Your Retirement Savings Account.
by George Huss
If your 401k plan has been amended to comply with the Pension Protection Act of 2006, which came into effect in January of 2008, you may find yourself as an investor in a Target Date Fund without having made that choice. This product was designed as a one stop shop for employees to prevent them…
The risk of Bond Funds among your 401k options.
by George Huss
One of the things I have seen in 401k plans is a scale measuring risk from low to high and the mutual fund choices available in the plan placed in the approximate location on that scale. One example of the progression from low risk to high risk is often represented as follows:
Understanding Your 401k Options.
by George Huss
You have taken the first step and resolved to pay yourself first. Good. Now what? photo © 2010 Andrew Steele | more info (via: Wylio) Let’s look at what is inside your 401k. Most plans today have some number of investment choices on the main menu. They are almost all mutual funds. The notable…
