401(k) plans continue to lead the retirement plan charge of helping American workers to save for retirement. But today’s 401(k) plans are much improved over the plans of the early 1980s. And they are still evolving as the result of Legislation, Regulation and astute plan design strategies.
For the last 40 years, these tax deferred plans have been sold and serviced by retirement plan advisors. However, the service offering’s in retirement plans have changed significantly over those years to meet the needs of plan participants, regulators and plan sponsors.
In this edition of WealthManagement.com FastChat, RPA EDGE Contributing Editor, Fred Barstein, spends time with Pontera‘s Chief Business Officer, Dave Goldman, concerning the positioning of the firm among both RPAs and Wealth Managers. The continued convergence of Wealth Management and Company Benefits is an interesting backdrop for the growth of target date funds, managed accounts and makes for an interesting dynamic for the holistic advisor. 401(k) plans continue to be the best retirement savings vehicle for American workers.
To learn more visit the video interview here.
