Employees optimize your 401k

Many employees do not realize they may have this option available to them at their employer. Most 401k have limited options. However those options can be enhanced with the Self Directed Brokerage account within your 401k if available. This option if you have it allows you any of the investment possibility that are available through any brokerage account. This option is best utilized through our guided account where we can help to you to balance your 401k with the enhanced availability of the self directed brokerage account. If you do not know if you have this option a quick call to your HR department will let you know if you can take advantage of this great opportunity.

The other little know option many employees do not take advantage of is the In Service Withdrawal provision. Not all employer plans offer this but if they do. This will allow you to potentially have professional management of your 401k while still working. This can be a great way to kick start your returns before you retire, Once again, to find out if you have this option, as quick call to your HR department will let you know.

Keep in mind the enhanced availability can be great, however if you do not know how to take advantage of them you could be taking on more risk without realizing it. In my opinion, these options are best taken  advantage of with professional management. Contact us to learn more how you can utilize our over 20 years experience in portfolio management.