401(k) Fridays Podcast
Is Your 401(k) a Savings Plan or a Retirement Plan?
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 1:04:22
- More information
Informações:
Synopsis
Ok, so you offer a 401(k) plan for your employees, you review participation and contribution rates, analyze your investments and negotiate plan fees. You should feel good that you have taken many of the steps to be a diligent retirement plan fiduciary. But, if you truly want to provide your employees with a 401(k) that is more than a just a savings plan, if you want to develop a benefit that both your employees and company will value, there is more work to be done to make that leap to provide a true retirement plan. As you will hear, my guest Glenn Dial, Managing Director and Head of Retirement Strategy at Allianz Global Investors has given this transformational concept a lot of thought and has some great insights to share with our listeners. We hit a few thought provoking questions such as is it wrong to focus on promoting a 401(k) savings plan which uses high average participant account balances as the measurement of success? We also delve into strategies on how to move and measure your progress of tra