You can also subscribe to our podcast on iTunes or Stitcher.
New regulations for 401k regulations are putting even more responsibility on business owners. Understanding these new laws can be a complex, and time-consuming task. With the terminology dominated by acronyms and uncommon financial phrases, it’s easy to fall into analysis paralysis. Join Chad and Mike as they help walk you through the basics of what employers need to know to ensure they are ready for the changes.
Topics Covered
- What does Fiduciary Really Mean?
- How to Operate a 401k from a Business Owner’s Point of View.
- Is your plan designed for auto-saving features?
- Do you offer a Roth 401k option?
- How much is your 401k actually costing you?
- What is a Third Party Administrator or TPA?
- Do you have imprudent investments within your 401k?
- Ways to find better options if you think your plan is sub-par.
- How do you know where to go next?
Facts and Links Mentioned In the Show
- Only 45% of small companies with under 100 employees have 401k plans.
- 6 Missed Opportunities to Avoid With Your 401k
- Thrivent Financial files sixth lawsuit against DOL fiduciary rule [InvestmentNews]
- Meeting Your Fiduciary Duty [Department of Labor]
- A Look At 401k Plan Fees [Department of Labor]
- BlueStar Retirement Services