Category Archives: Retirement Plans

The average Self-Directed Brokerage Account (SDBA) 401(k) balance at Charles Schwab finished the fourth quarter of 2024 at $352,605, up by 13.6% since 2023, according to Charles Schwab’s latest SDBA Indicators Report. SDBAs at Schwab experienced a 1.5% increase from … Continue reading →

Former Angels pitcher and current Angels broadcaster Mark Langston will be the guest for our event in Anaheim at Angels Stadium on Thursday, June 5th. For just $100 or $50 each for multiple attendees from the same firm, you can … Continue reading →

The Senate approved President Trump’s nominee to be the next Secretary of Labor. Lori Chavez-DeRemer was approved by a vote of 67-32. Chavez-DeRemer was formerly a Representative for Oregon’s 5th District.

One of my favorite Yiddish words is “schnorrer.” While it means beggar or sponger, it essentially refers to a cheapskate who tries to get something for nothing. There is nothing wrong with potential clients negotiating fees to get a bargain. … Continue reading →

I believe that plan providers who promised they will make me wealthy have consistently failed in that promise. While it’s perfectly fine to dream of retirement plan profits, it’s important not to let those dreams turn into mere fantasies. The … Continue reading →

A plan provider once asked me if I had written a comprehensive article on why trustee-directed 401(k) plans are superior to participant-directed plans. Although I believe in this argument, I haven’t actually written such an article. I don’t think it … Continue reading →

When I was 13 and had my Bar Mitzvah, I spent around $2,000 (in 1985 money) on a state-of-the-art Apple IIe with a monochrome monitor. One of the first pieces of software I purchased was the top desktop publishing program … Continue reading →

At work and at home, one of the worst things I ever did was make a mistake and not accept responsibility for it. Instead of owning up, I would make excuses, turning the fight over the mistake into a bigger … Continue reading →

Retirement plan provider 401GO is partnering with isolved, a human capital management (HCM) technology solution, to offer retirement plans within isolved’s cloud network. The new plan, isolved 401(k), will be powered by 401GO and will include three 401(k) plans, each … Continue reading →

Betterment Advisor Solutions (BAS), announced the launch of an all-digital solo 401(k), designed for independent advisors and their self-employed clients. Key features of the plan include paperless account opening with no setup fees, fully digital contributions, spouse participation at no … Continue reading →