How Understanding Your 401(k) Plan Costs & Disclosures Can Reduce Your Personal & Plan Risks

Paul FennerEmployer Sponsored

Idea - 401(k) - How Understanding Your 401(k) Plan Costs & Disclosures Can Reduce Your Personal & Plan Risks | Tamma Capital

The duty to pay reasonable fees for your plan services and to act solely in the best interest of participants has been a key tenant of ERISA since its passage.  Plan sponsors employing a disciplined and diligent approach to reviewing and negotiating fees can feel confident in their compliance with this area of responsibility. The DOL has implemented a three-step … Read More

4 Retirement Account Options After a Job Change

Paul FennerRetirement Planning

401k decision tree - retirement planning - 4 Retirement Account Options After a Job Change | Tamma Capital

According to The Balance Careers, today’s average person changes jobs ten to fifteen times (with an average of 12 job changes) during their career.  While many factors go into changing jobs, one critical factor that people should decide on in conjunction with a job change is what to do with their employer-sponsored retirement plan or, in most cases, a 401(k) … Read More

What Makes a Great Retirement Plan for Small Business Owners

Paul FennerEmployer Sponsored

Financial Future Control

Before you can start building the framework as to what would make a great retirement plan for small business owners, the executive or ownership groups need to consider why they want a great retirement plan for their employees. Four out of five employers report that their employees’ personal financial issues are impacting their job performance somewhat, very much or to … Read More