113: Making Better 401(k) Plans with Kent Colewell
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Description
401(k) plans are becoming a bigger and bigger part of retirement plans. We handle lots of them at Labrum Wealth Management, and we see lots of problems and deficiencies within 401(k) plans: unclear commissions, a lack of education, and a general savings crisis among many working Americans. In fact, the majority of 401(k) plans in San Diego are held by advisors who handle less than two 401(k)s! That’s why we’ve dedicated today’s episode to 401(k)s - and we’ve brought on 20-year 401(k) veteran Kent Colewell to dissect Fidelity’s 9th annual Plan Sponsor Attitudes Survey. You’ll learn how to make better plans, look out for potential problems, and find out all about recent developments in this particular field. For more information about Labrum Wealth Management, visit LabrumWealth.com
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