The Rocky 401k & IRA Rollover Road for the Uber-rich
Secure Savings Programs
Categories
Uncategorized

Secure Savings Programs

Secure Savings Programs (or SSP) will be deployed in several states in the coming years. The states  (including California, Illinois, Oregon, Colorado, and counting) will require small employers (those with 5 to 25 full-time employees) to offer employees either a 401k or a state-mandated secure saving program. What is the … read more

What’s Wrong with Back Door 401k Contributions
40k Millionaires are MIA
Categories
Uncategorized

401k Millionaires are MIA

We believe 401k fees are unethical, unfair, and plain wrong. We hope that when you evaluate your 401k, you consider the impact these 401k fees are having on your retirement security.

It was recently reported in the financial press that today there are more “401k millionaires” than at any other … read more

Biden 401(k) Levels the Playing Field
Categories
Uncategorized

Biden 401(k) Levels the Playing Field

President Biden hopes to encourage lower-and middle-income wage earners to save more for their retirement by making a significant change in 401(k) design.

American workers contribute pre-tax dollars to their 401(k) retirement savings plans, then pay taxes when they withdraw their money during their retirement years. This upfront tax break … read more

401k and the COVID Epidemic
Categories
Uncategorized

401k and the COVID Epidemic

One under-reported consequence of the COVID is its impact on American workers’ 401k retirement plans. There will be a permanent adverse effect on Americans’ financial future due to these premature withdrawals in the form of 401k loans and 401k hardships. COVID’s under-reported impact on 401ks has been a ten-fold increaseread more

Stop Being a Chump. Stop Financial Advisors from Skimming 401k Fees From Your Retirement Savings.
Categories
Uncategorized

No Fees 401k Has Gone “Old Hollywood” To Warn You of the Devastating Harm of 401k Fees

Most 40k advisors and their plan administrator partners are continuously skimming fees from workers’ 401ks. Think it’s no big deal? The fees they skim are small? Think again.

401k “pick-pocketing” costs the average worker $150,000, skimmed from t401k savings after a lifetime of work.

Watch this 2-minute video—It’s worth many … read more

Pick Pockets
Categories
Uncategorized

What are 401(k) Pick-Pockets?

Are we being unduly harsh when we refer to 401(k) financial advisors and 401(k) providers as 401(k0 pick-pockets?  I don’t think so, and here’s why:

Most 401(k) participants are unaware of the fact that fees are being deducted every quarter from their 401(k)-retirement savings. AARP has done an expose on … read more