The Frugal Fiduciary Small Business 401(k) Blog
Get the latest industry news, deadlines and tips you need to know to help tackle your fiduciary responsibility needs.
Target Monthly Income and not an Account Balance When Saving for Retirement
Income replacement should be the target when saving for retirementRead More
Evaluating 401(k) Providers: Separating Commodity from Value-Added Services
When shopping 401k providers for your small businesses retirement plan, it's important to separate commodity from value-added services.Read More
NAPA stakes a position against the DOL’s fiduciary rule
NAPA is missing the point of a fiduciary rule. DOL is saying it’s too easy for unscrupulous or incompetent brokers to steer investors to products with higher fees.Read More
Keeping my Fingers Crossed for 401(k) Reform in Tonight’s SOTU Address
Small business retirement plan reform in 2015 State of the Union address. Hopefully a fiduciary standard to 401(k) savers are clear, conflict-fee advice at reasonable feesRead More
MyRAs are not the answer for expanding retirement plan coverage
MyRAs not yet a strong alternative for small business retirement plans. The President and Congress need to work together to give workers more options.Read More
New Year’s Resolution # 1 for Fiduciaries – “I WILL Evaluate My 401(k) Plan Fees"
ERISA requires 401(k) sponsors, and any other fiduciary, to ensure that the services provided to their plan are necessary with fair 401(k) Plan FeesRead More
Why All Employers Should Know their “All-In” 401(k) Fee
Breaking down the individual factors of a 401(k) plan is overwhelming. Instead, we recommend an All-In 401(k) fee that provides a single, total price.Read More