CalSavers is forcing all businesses with 5 or more employees to either get a company retirement plan in place, or send their employees to a state-designed, state-run inflexible retirement plan. Learn more and how to avoid!
We are very excited to be offering HSA (health savings account) to individuals, families and groups. HSA’s are a very powerful financial tool for individuals and families in today’s financial climate! However, many have not discovered and understood this great tool!
The “winner” for 2017 was markets outside the USA meaning non-US developed countries and emerging market countries - +27%. A more in-depth analysis of the markets in 2017 will appear here in a few days.
High AUM based fees devastate the growth of individuals accounts in small 401(k) plans and it is not necessary. It is NOT a foregone conclusion that small plans have to high AUM based fees!
For the quarter, our models were up from about 2% to 5%. The rest of the world and small stocks were the winning asset classes at 6.2% and 5.7% for the quarter.
Brokers have conflicts of interest (commissions) with the record-keeper and/or mutual fund company. This makes it impossible for brokers to take on any fiduciary liability.
Here's a summary and links to more information on market and model performance as of 6/30/2017. The quarterly market review has a great article on stock price movement when interest rates rise or fall.
Give us your concerned about the economy, weary of market dropping bad news, your huddled masses holding capital loss carryover yearning to invest in a sane way that generates capital gains.
