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Here's one simple, yet cool thing workers need to do to reduce the likelihood of a boring, lonely retirement.
A purpose-driven retirement need not reflect a spiritual aspect -- it might be knowing what one likes and pursuing it.
If you're a baby boomer leading business development, do you target a market opposed to you (Gen Xers) or attracted to you (millennials)?
The 401(k) MEP creates 3 significant opportunities for employers, employees and retirement plan service providers.
When you retire, you're on your own. Unless, of course, you've paid to keep a good fiduciary adviser on your team.
This is what the DOL meant when it warned that it's not about low fees, it's about the value in relation to the fee.
It's not what businesses know they know about 401(k) MEPs, it's what they don't know they don't know about 401(k) MEPs.
How the media reports the difference between 'sales' and 'advice' will help the public differentiate 2 business models.
Think about this for a moment: Where do you see this whole fiduciary thing in 5 years?
There's a danger in relying on an arbitrary period end dates when it comes to financial investment reporting.