Helpful tips

Who can I talk to about my 401k?

Who can I talk to about my 401k?

Call 800-FIDELITY or 800-343-3548. Contact us to determine which retirement options would work best for you. I have a specific question about my 401(k) plan. Where can I learn more?

What do 401k advisors look for?

At the end of the day, what you want to assess is how well your retirement plan advisor will help you:

  • Offload or limit your fiduciary liabilities.
  • Understand your fiduciary responsibilities.
  • Help your plan participants understand their options, benefits and how to make changes.

How much do 401k Advisors charge?

Fee study – fiduciary-grade 401(k) advice

Plan Asset Range $0-$250k (260 plans) $250k-$1M (260 plans)
Average Participants 17 22
Range 0.05% – 7.41% 0.08% – 1.53%
Average 0.83% 0.67%
Median 0.60% 0.65%

How do 401 K advisors get paid?

The only way the money in the plan can become provider revenue is through the use of asset based fees. Asset based fees are charged against the assets in the plan; in other words, out of employee account balances. For every $100 in a 401k account, 1.50% turns into $1.50 of expenses. Asset based fees are important.

Where is the safest place to put my 401k?

Federal bonds are regarded as the safest investments in the market, while municipal bonds and corporate debt offer varying degrees of risk. Low-yield bonds expose you to inflation risk, which is the danger that inflation will cause prices to rise at a rate that out-paces the returns on your investments.

What do you need to know about ask a lawyer?

What is Ask A Lawyer? Ask A Lawyer is a free offering on Lawyers.com where consumers can ask legal questions and seek answers from our extensive network of attorneys. For attorneys, it is an effective marketing tool linking you to prospective clients who may be in need of legal counsel. Who can participate in answering Ask A Lawyer questions?

Why do partners ask questions at law firms?

At law firms, partners ask questions to gauge your knowledge of the specific field, understand how you balance your caseload and learn about your process for interacting with clients. It’s important to know what kinds of questions to expect so you can prepare for your interview.

Where can I go to ask a lawyer for free?

What is Ask A Lawyer? Ask A Lawyer is a free offering on Lawyers.com where consumers can ask legal questions and seek answers from our extensive network of attorneys. For attorneys, it is an effective marketing tool linking you to prospective clients who may be in need of legal counsel.

How does an attorney answer a consumer question?

Once a question is answered by an attorney, the question and answer are immediately published to the homepage and the Community Contributions section of the attorney’s profile on Lawyers.com. The consumer’s contact information, if provided, is now available to the attorney to facilitate a follow-up call.

Is it good to ask questions of a lawyer?

Lawyers should be as good at answering questions as they are at asking them. If a lawyer rushes you or makes you feel that your questions are naïve, you may need to keep looking. Taking the time to ask questions at the beginning will give you a much better chance of having a solid and successful attorney-client relationship.

When to ask a lawyer about a conflict of interest?

Attorneys in every state have an ethical obligation to advise you of any conflict of interest. Still, you should ask the question. If the lawyer’s representation of prior or existing clients would limit the attorney’s ability to represent you, there is likely a conflict.

What should I expect from a potential lawyer?

You should feel comfortable from the beginning of your attorney-client relationship that you will be able to have regular communications with your counsel. Make sure that you exchange contact information and agree on the ways that you will stay in touch. Eleven: What is my role in case preparation?

When to call a lawyer, reader’s digest?

When disputes arise, a person’s first inclination is often to call a lawyer, attorney Randolph Rice tells Reader’s Digest. But there are many situations in which hiring a lawyer is the last thing you should do.