05 May
May 05, 2014

After spending the last several weeks meeting with 401(k) participants, I am reminded how confusing 401(k) options can be.   Choices are never easy, and there is a lot to know and understand.   Many participants want to know “how to do retirement right.”  What I have assembled below are the top 10 most common pitfalls 401(k) investors fall into, and some steps to take to help avoid these.

1)    Rollovers processed incorrectly
If you worked at an employer where you had a 401(k)

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02 Nov
November 02, 2012


On October 18th, the IRS published its retirement plan contribution limits for tax year 2013.  Most of the increases are due to cost-of-living adjustments.  In 2013, the amount you can contribute from your paycheck to 401(k), 403(b) and 457 plans will increase from $17,000 to $17,500.  Not a huge increase, but those of you who like (and can afford) to max out your retirement plan contributions during the year should take note.  Also note the “over age 50” catch-up provision

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05 Jul
July 05, 2012

The past year will be remembered for two remarkable social media initial public offerings: LinkedIn on May 19, 2011 and Facebook on May 19, 2012. Although the dates were the same, the two offerings went very differently. LinkedIn’s share price roughly doubled immediately after the shares were purchased, from the $45 IPO price to $94.25 when the market closed that day. The offering was widely described in the papers as a great success.

Facebook’s shares, meanwhile, were priced at $38

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27 Jun
June 27, 2012

Here are ten reasons to remain optimistic, despite what the media tells us:

10. Corporations are managing risk and doing more with less. Even a pullback in earnings would still leave companies in solid shape profit-wise.

9. Consumer confidence is still high. Last Friday’s numbers indicated it still remains strong.

8. Gas prices are trending lower. Sure, $3.52 a gallon is still high, but it’s 20 cents lower than last month.

7. Despite Facebook, the capital markets are still open “if highly selective.” The

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25 Jun
June 25, 2012

The most common answers I have seen from plan participants (and sometimes plan sponsors) surveyed are:

I’m not paying anything, it’s free…at least that’s what I’ve been told.
None that I am aware of.
I’m not really sure, I’m afraid to find out.

Very soon, plan sponsors will find out! Effective July 1, 2012, the Department of Labor will require financial institutions to disclose all fees associated with the 401(k) plans for which they provide funding. This must include any revenue sharing and/or 12b-1

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