No Fees 401(k) Knocks Out a Low Fee 401(k) Every Time !!
Another nail in the coffin of 401k fees was just hammered in. The Supreme Court has ruled that lower courts cannot easily dismiss 401k fees lawsuits, as they have … read more
This new year will be a year of surprises. Actually, you have probably noticed that all facets of life are speeding up, so new economic developments will come at us faster and furious-er (Is that a word?). In some cases, the … read more
If you read this blog, we’ll bet dollars to donuts you have already been vaccinated against Covid. Intelligent, interested people are the type that will read … read more
House Democrats propose new retirement plan rules for the rich, including contribution limits and other changes to level the playing field between super-rich folks and everyone else.
1. End “backdoor” and “mega-backdoor” Roth strategies for the wealthy and add new rules for individuals with over … read more
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 … read more
1) An employee using the Back Door Roth Contribution (BDC) feature must earn less than $140,000 in adjusted gross income if … read more
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
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 … read more
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 … read more
Bloomberg Law reports that class action lawsuits concerning 401k fees have seen a five-fold increase in the past 12 months! The word is getting out that 401k fees skimmed from employees’ retirement savings are starting … read more