Are you managing your 401(k) effectively?

Dive into the intricate world of 401(k) investment strategies with Larry Heller, CFP®, CDFA®, in this informative third installment of the “Employer’s Guide to 401k Plans“ series. This episode delves into crucial aspects such as fiduciary duties, investment selection, and fund diversity, offering valuable insights for trustees and plan participants alike.

Larry Discusses:

• Emphasis on the vital role of fiduciary duties within 401(k) plans, spotlighting the frequently neglected responsibilities that plan participants hold as trustees
  
• Detailed exploration of various investment types in 401(k) plans, including mutual funds and ETFs, highlighting those with clear objectives and transparency
  
• The superior benefits of model portfolios compared to target date funds, tailored to diverse risk tolerances and investment goals
  
• Introducing features like automatic rebalancing to aid participants in maintaining their desired asset allocation over time
  
• The critical practice of regular benchmarking in 401k plans to ensure fee competitiveness and to raise awareness of hidden costs
  
• And much more!
  

Resources: 

• An Employer’s Guide to 401k Plans: A Four-Part Series (Part I)
  
• An Employer’s Guide to 401k Plans: A Four-Part Series (Part II)
  
• Complimentary 401(k) Benchmarking Introductory Call
  
• What is Your Fiduciary Score?
  
• Retire Right by Larry Heller, CFP®, CPA
  
• How and When To Use A Roth (Ep. 17)
  

Connect with Larry Heller: 

• (631) 248-3600
  
• Schedule a 20-Minute Call
  
• Heller Wealth Management
  
• LinkedIn: Larry Heller, CFP®, CDFA®, CPA
  
• YouTube: Life Unlimited with Larry Heller, CFP®