Study: 401k Fee Disclosure Not Helping - The Department of Labor passed new rules requiring 401k plan providers to disclose all fees associated with plan administration, investments and other expenses to clients, yet many are still in the dark about what they're paying. We have an tool that can help you step into the light.
Small Business Owner or Employee? Make sure you Understand 401k Fees - If you’re looking for a low-cost, high-value plan, it’s important to carefully consider plan vendors. Many small businesses have basic plans that have no real strategic design. All too often, these plans are sold by brokers who get paid on commission, thanks to high-cost investment options, and are contracted with local third party administrators with inconsistent fee schedules.
The McClanahan's are debt free and live in a paid for home! That led to the creative twist in their debt free story. They have been included in our New Year New You profiles because paying off $110,000 in debt is pretty cool too!