You look forward to the day that you can retire from work and spend more time with family, traveling, or recreating. Like you, millions of Americans depend on their 401(k) or other retirement plan to help save enough for that retirement. Unfortunately, high fees in your 401(k) plan could cause you to work an extra five years to receive the sa [...]
Could Your Retirement Plan Make You W...
You look forward to the day that you can retire from work and spend more time with family, traveling, or recreating. Like you, millions of Americans depend on their 401(k) or other retirement plan to help save enough for that retirement. Unfortunately, high fees in your 401(k) plan could cause you to work an extra five years to receive the sa [...]
The LaRue Decision – How the Su...
…And how Loring Ward Total Retirement along with an Independent Financial Advisor can help
A great deal of media attention was given to LaRue v. DeWolff, Boberg & Associates1, a U.S. Supreme Court decision that could have significant consequences for retirement plan sponsors. The LaRue judgment allows retirement plan participants, i [...]
401(k) Hidden Fees
Doctors and dentists have insurance for medical malpractice liability what about your fiduciary liability?
You are likely the trustee of your retirement plan. A trustee is a fiduciary under federal law known as ERISA (Employee Retirement Income Security Act of 1974). There are currently hundreds of lawsuits against 401(k) or defined benefit t [...]
5 Retirement Plan Essentials
Introducing a Better Retirement Solution from Loring Ward Total Retirement
Loring Ward Total Retirement’s plans offer trustees a retirement plan solution that is
structured to save you money, significantly reduce your fiduciary liability and provide your employees with a better plan. It’s a sensible and easy solution based on the Five Retire [...]
A Clear Cost Comparison on 401(k) Pla...
A decision about the best 401(k) plan for your company is not based solely on total cost. Other factors are also important: fiduciary loyalty of the advisor, professionally-built investment portfolios, and ease of use.
But total cost is a serious issue. According to a U.S. Department of Labor publication, a 1% difference in fees will reduce y [...]
Cut the Cost of Your Retirement Plan
Would you like to save more of your hard-earned money?
Understanding the fees in your retirement account may help.
A U.S. Department of Labor publication states that a one percent difference in annual expenses in your 401(k) plan can reduce your account balance at retirement by 28%.1 Imagine sacrificing over a quarter of your retirement savin [...]
Too many choices in your 401(k)?
I remember when the HR gal at my last job handed me the packet with the company’s 401(k) information. It weighed at least 5 lbs. I opened it up during my break, started reading it and was instantly overwhelmed by the choices. Can’t go over that in 15 minutes.
I took it home and made another attempt. No help. I’m a marketing [...]
Who is Your 401(k) Advisor? A Salesma...
Fiduciary Liability:
Many plan providers may deny that they are fiduciaries. If the service provider is not a fiduciary, then trustees retain all fiduciary liability. There are currently hundreds of lawsuits against 401(k) trustees, alleging breach of fiduciary duty. As a plan trustee, would you like to share this responsibility with someone [...]
Cut the Cost of Your Retirement Plan
Would you like to save more of your hard-earned money?
Understanding the fees in your retirement account may help.
A U.S. Department of Labor publication states that a one percent difference in annual expenses in your 401(k) plan can reduce your account balance at retirement by 28%.1 Imagine sacrificing over a quarter of your retirement savin [...]
Your Lawyer is a Fiduciary
Your CPA is a Fiduciary.
Shouldn’t Your Advisor Be One Too?
Just Imagine: Your CPA identifies a tax issue and proposes two options. After discussing the two options your CPA then recommends second best option for you, but this option results in extra revenue to your CPA. Is this a problem? Of course it is.
That is why lawyers and CPAs are fid [...]