"When we started the program three years ago, I think I had 4 plans. Today, I manage over 55 different plans and will look to add probably 30 more plans this year."
~ K. Gray, 401k Coach® Member

June 2010

Glide-Through or Glide-To: Which Slippery Slope Is Right For Participants?

June 13, 2010 (comments: 0) | add a comment >

When the government decided to allow corporations, who sponsor 401(k) plans, to use automatic enrollment features, it had to ensure the funds that participants were defaulted into were going to be managed in a prudent way. Default investments do not just apply for first time-enrollments. An increasing number of 401(k) participants actively choose to use default investments throughout their employment. Others roll over 401(k) plans from other companies and likewise, chose to use them.

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Paychecks For Life: The New Retirement Reality

June 7, 2010 (comments: 0) | add a comment >

Ever since the 401(k) was born (by accident) in 1981, it has been widely viewed as America’s Savings Plan. However, this was not really the intention. It was meant to be a way for employees to defer extra savings (bonus money) on a pre-tax basis; as a payroll deduction benefit. It cost little or nothing to the first employers who established these programs. Now flash forward some 29 years and 4-5 trillion dollars later...

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