401 k News

Next year, 401(k) plan participants will see the true cost of their retirement accounts for the first time – and many will not be pleased. In April 2012, long-awaite rules designed to improve fee transparency in 401(k) plans will go into effect.

As most businesses prepare to make significant changes to the way they communicate with employees about their 401(k) plans, benchmarking surveys are key to ensuring compliance with the new regulations.

Most people need to borrow money at some point, but is borrowing from a 401(k) plan the best solution? Borrowing from a 401k plan is unique in that you're borrowing from yourself instead of a third party. However, you may forgo important benefits.

As part of the company’s Community Engagement Program, Ascensus has selected Junior Achievement as one of the organizations to support with the goal to help build future business leaders.

About a third of the people eligible for a 401(k) don’t sign up for the retirement investment plans, but a recently updated federal law smoothes the way for employers to enroll workers automatically.

The 401(k) is a significant part of many financial plans despite global tax consequences. HSA for America presents a complementary webinar discussing what may be one of the largest tax traps of the century.

IBS Financial Group is happy to announce and welcome John Missad as Retirement Plan Consultant.

Capitol Financial Solutions financial representative, Randy Hebert, CLTC, forms alliance with Group Benefit Consultants’ Michele Goss Moffitt.

New Offering Helps Protect Personal Assets of Retirement Plan Sponsors and Fiduciaries

On November 2, 2010, Ray LeVitre, founding partner of Net Worth Advisory Group, a fee-only financial planning firm, appeared on the KSL Studio 5 program to discuss the factors investors should consider when identifying a qualified financial advisor.

Using Ascensus’ open architecture investment platform as the basis, Mesirow Financial assumes fiduciary responsibility for identifying and monitoring suitable investment options for participating retirement plans.

On October 18th, 2010, Ray LeVitre, founding partner of Net Worth Advisory Group, a fee-only financial planning firm, appeared on the KSL Studio 5 program to discuss how investors can adequately diversify their investment portfolios.

Understanding IRAs, 401(k)s and Social Security is a critical first step in retirement planning.

DANIEL ROMERO, CFP®, AIF® First of 75 financial professionals to be eligible to earn the Certified 401(k) Professional (C(k)P™) designation in the country.

Diversification is one of the most commonly used terms in financial planning. Net Worth Advisory Group is recommending its clients diversify their diversification strategy with a unique tool: tax diversification.

Net Worth Advisory Group, one of Salt Lake City’s leading Fee Only Registered Investment Advisory firms, announced it has obtained the advisory firm of Luke Wealth Strategies and has expanded with the opening of its Scottsdale Arizona office.

In 1st 7 months of 2010, investors withdrew staggering $33.12 billion from equities “At this stage in economic cycle, $10 to $20 bn wd normally be flowing INTO domestic stocks, rather than bns flowing OUT This is very unusual” Big winner: bonds

Red River Federal Credit Union Attributes Win to Partnership with Ascensus

When is it smart to leave an account at an old employer vs. rolling it over to a new 401(k) or IRA?

Elite group comprises less than 6 percent of local practitioners

Net Worth Advisory Group has created a six-minute video designed to help those approaching retirement with their investment and retirement planning concerns. The free video can be viewed on their website.

Today’s financial market investors: Mostly Stocks, Mutual Funds, need to learn how to trade the markets in an up-, down- or sideways mode to constantly produce income and interest on their capital at risk.

Ascensus partners with ENT Resources, Inc. (ENTRI) to deliver 401(k) solutions to the healthcare industry. ENTRI, a specialized provider of multiple employer and custom 401(k) plans, markets their products under the Academy Benefit Partner brand.

Ascensus has launched Enroll123™ to increase participation rates in 401(k) and other types of retirement plans. Enroll123 is a free personalized mailer designed to simplify the enrollment process.

Retirement plan cost expert, Steve Butler, president of Pension Dynamics Corporation in Pleasant Hill, CA. details in e-book how to understand where money for retirement will come from and a strategy for not outliving retirement resources.

Most investors don't know what fees they pay. Take your 401(k). Some realize they pay the managers of the mutual funds they invest in. Others, because the money comes directly out of their investment account, do not. Yet, the fees don't stop there.

Net Worth Advisory Group in Salt Lake City, Utah, is extending an offer to examine and optimize a client's 401(k) plan. The offering will ensure the client has a diversified portfolio that matches their risk tolerance. Costs will also be analyzed.

This distinction is based on an annual production ranking of all registered advisors supported by LPL Financial, the nation’s largest independent broker-dealer*, and is awarded to less than 20 percent of the firm’s 12,027 advisors nationwide.

Many financial advisors offer to analyze a client's 401(k) plan and develop an optimized portfolio utilizing the investment choices available. Over the long-run, would you be better off paying the fee or investing these funds in your retirement plan?

Ascensus, a leading retirement plan solutions provider, was presented with an award for earning 43 out of a possible 46 “Best in Class” cups at the March 25th -- 2010 Awards for Excellence Dinner.

Weak 401(k) plans have few investment options, don't offer proper diversification tools, and utilize mutual funds with poor track records. What should you do if your employer's 401(k) has inferior investments? It depends on your personality.

Ascensus, a leading retirement plan solutions provider, bolstered its sales force with an additional Regional Vice President, Josh Haynes, who will focus on the company’s “Rocky Mountain” territory.

403(b) plans, also known as tax sheltered annuities, and 457 plans are quite similar to 401(k) plans. Both plans allow employees to defer income and benefit from tax deferred growth, and both plans enable employers to provide matching contributions.

A 401(k) plan enables employees to defer receiving and paying taxes on a percentage of compensation. The salary reduction amount is deducted from the employee’s pay and contributed to a retirement fund, where it accumulates earnings tax-deferred.

Attend this free educational workshop to learn about the latest strategies to prepare for and succeed during retirement. * Determine if you still have enough money to retire * Find a trusted advisor - discover fee-only planning

One winner gets $1000.00 to invest into a Roth IRA or use toward college education.

Take credits, get help to prepare for future, says Bills.com

The Senior Market Advisor Magazine has selected Donald Owens as a member of the board for his expertise in senior financial planning.

Donald Owens receives 2008 Advisors Excel award for excellence in financial planning.

Beyond traditional 401(k)s, small businesses now have more options to offer their employees with new self-directed retirement plans taking the control out of Wall Street’s hands and giving it to the individual.

Burns’ office is one of few that offer the IRA Beneficiary Trust® which insures that client beneficiaries “stretch-out” their taxable, required minimum IRA distributions over a longer period of time.

Law office has a quick procedure to eliminate problems with your IRA and it creates a legacy in the family turning into a profit pulling ATM machine for your bloodline.

FreedomGrowth.com offers investors an option to the status-quo mutual funds available through most 401(k) and IRA products by focusing on self-directed IRAs and real estate.

Dale Merritt, financial advisor for Banyan Rock & Talent, suggests now is the ideal time to take advantage of corporate 401(k)s and individual retirement savings plans.

Amidst the mortgage crisis, bailout debates, presidential debates and sharp downturn in the Dow Jones Industrial Average, many financial advisors are finding ways to generate more new business than they ever thought possible.

New unbundled services to further enhance business productivity is now available at MMC Inc. We are now able to better cater businesses who want to lower their costs and increase productiviy with our innovative HR services.

Fiduciary expert Joshua P. Itzoe tackles this difficult question in his new book, Fixing the 401(k)

Entrust Hawaii today announced the grand opening of its Ohana offices, serving the investment needs of the people of Hawaii.

Entrust New Direction IRA, Inc (New Direction), a self-directed IRA/401(k) administrator, announces the promotion of Ben Brazda to Manager of Asset Acquisitions.

Nilssen and Ames will be honored as the 2006 Washington State Young Entrepreneurs of the Year in May at an awards event held at McCaw Hall at the Seattle Center.