401(k) Fridays Podcast
Why Your 401(k) Isn’t Free: The Cost of Protection, Innovation & Trains Running on Time
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 1:02:42
- More information
Informações:
Synopsis
With the continued focus on fees in workplace retirement plans I thought it might be good to pivot the conversation and tackle some of the realities around the what actually goes into running a successful and compliant plan. To add some muscle to the conversation I have Ed Murphy, President of Empower Retirement. Ed and his team are responsible for over 30,000 of thousands of retirement plans and over 8 million participants. Our conversation ranges from what it takes to keep the proverbial trains running on time, why scale is important in retirement services, how they predict where the puck is going to allocate discretionary spending, and much more. I learned a lot during our conversation and hopefully this will provide you with some helpful perspective when you face the inevitable questions about your retirement plan fees. Before we get started, we have some exciting new episodes in store where tackle where 401(k) fits in your open enrollment strategy, is financial wellness working, trends in target