Coasting in Retirement is dedicated to the financial planning and investment management needs of pre-retirees and retirees living an active lifestyle along our part of the Gulf Coast. Host Josh Null and co-host Michelle Melton dive into relevant financial topics, plus have a little fun with the "Michelle with the News of the Week" and "Josh's Crystal Ball & Big Mouth" segments. Josh's practice Gulf Coast Financial Advisors serves clients in the Panhandle of Florida, Lower Alabama, and the Gulf Coast of Mississippi and Louisiana. You can hear the original broadcast of Coasting in Retirement every Sunday from Noon to 1 PM CT on 106.5 FM in Mobile, Alabama.
Retirement plans experienced a monumental shift from the days of the company taking care of it’s employees' retirement needs, both in the accumulation phase and distributions in retirement, to current day where many plans are self directed and require the plan participant to make investment and withdrawal decisions on their own.
Most business owners offering 401k plans are not aware that they could be held personally liable for decisions made in their 401(k) plan, and the bigger your plan, typically the more likely that the IRS, DOL or a plaintiff’s attorney will take a look.
At first glance it would appear that all target date funds with the same retirement year would function exactly like each other, but the reality is that the funds from different companies could have significantly different equity exposures.
From fee compression to increased litigation to more educated plan participants, the days of “set it and forget it” for 401k plans are over. The generally held legal interpretation is that a plan sponsor / business owner need to to benchmark their retirement plan every 3 years to stay compliant.
Learn how we use math, methods, systems, research, collaboration and common sense to construct investment portfolios to match investor's time horizon, risk tolerance & goals, and how that played a critical role in portfolio resiliency during the crisis.
We discuss specific steps for entrepreneurs & business owners to take during this crisis that will drastically increase their exposure and keep their brand alive