Why Happy Clients Ditch Their Financial Advisors (and 3 Ways to Re-Engage Them)
When a client says, “Everything’s fine! Nothing to discuss,” in all your meetings, that’s a financial advisor win—right? Not necessarily. According to Meghaan Lurtz, Ph.D., a leading global expert on the psychology of financial planning, this can be a sign of looming danger for your relationship. Fix, Fine, Flourish: How (and Why) Clients Fall Out of Love […]
The Value of Including a Financial Advisor within a Retirement Plan
I have been in the financial services industry for my whole career (27+ years) and have had the pleasure of working at some of the greatest companies in the world (Morgan Stanley, UBS, Fidelity Investments, DriveWealth and now 401GO). It all started when I was a financial advisor at Dean Witter (now Morgan Stanley). The […]
401(k) Compliance: Why a TPA is Essential for Form 5500 Accuracy
Taking the risk of preparing and filing form 5500 on your own is not worth it! Many 401(k)-related administrative tasks that fall on the business owner or trustee are complex and difficult to navigate, especially the compliance issues governed by ERISA. One of the most important—and most daunting—is the requirement to file the IRS form […]
Understanding Qualified Disaster Withdrawals from a Retirement Plan
Disasters are unpredictable, but as a financial advisor, you are in a unique position to help your clients prepare for and recover from them. Thanks to SECURE 2.0, there are new provisions that can support your clients during difficult times, including qualified disaster withdrawals, expanded distributions, tax relief, and plan loan options. These provisions are […]
Understanding the Automatic Contribution Arrangement (ACA)
Financial security in retirement is a goal many aspire to achieve, but saving for the future can often fall by the wayside in the midst of life’s immediate priorities. Enter the Automatic Contribution Arrangement (ACA) — a framework designed to simplify and encourage consistent retirement savings through employer-sponsored plans. What is ACA? The Automatic Contribution […]
Navigating 2025 SECURE Act 2.0 Provisions
Several major 2025 SECURE Act 2.0 provisions are set to go into effect. These changes are designed to enhance retirement plan access, improve savings opportunities, and provide greater flexibility for both employees and employers. For business owners and financial advisors, understanding these provisions is crucial to navigating the evolving retirement planning landscape. Here’s a breakdown […]
Announcing 401GO’s Cash Balance Plan Education Webinar Series
In October, 401GO co-founder Jared Porter was a panelist on a webinar dedicated to helping financial advisors better understand the cash balance plan. That event was very well received and resulted in several attendees asking for additional training. We work hard to listen to our advisor partners, and have launched a cash balance education webinar […]
Everything Is Easy with 401GO – Especially the 401(k) Setup Process
I remember when I sold my first 401(k) plan back in…well, let’s just say it was long enough ago that my company at the time required us to fax in the client’s new plan paperwork to initiate the setup process. Yep, I said “fax”. It wasn’t just a few pages and a few signatures. It […]
SIMPLE IRA to 401(k) Conversion Can Be Done Anytime
Many business owners hoping to provide a retirement savings benefit for their employees begin that journey by offering a SIMPLE IRA, because they are easy to set up and maintain. But as time passes, companies often outgrow their SIMPLE IRA and seek to replace it with something more robust, such as a 401(k) plan.
401GO is the Disruptive Force Behind a New RetireTech Paradigm
Most technological advances are incremental, with new products offering small improvements over those that preceded them. Rarely does a new entrant go to market with a solution that represents an order of magnitude improvement over the status quo. 401GO happens to be an exception.