A Choice of Investments for Your 401K Plan

Why should I choose a 401K plan that has a good choice of investment options even if my business employs less than 10 employees? Won’t such plan be really expensive to set up and administer?- George Grant, Wisconsin.

A 401K plan is a great way to encourage your employees to save for their future. Even if your business employs just a handful of people, you will find dramatically different investment attitudes among them. Some of them may already have a well diversified portfolio and they will require a mix of high return and high safety investment choices for their 401K plan. Others, who are younger, may just be starting out on their retirement saving and high return is their focus at present. Older employees will surely prefer safe, solid avenues like bonds for their 401K investments. By making sure that you set up a 401K plan that has a good choice of investment options, you cater to the needs of all your employees.

Today, you can set up such a 401K plan without spending a small fortune, thanks to the many online 401K plan suites that are available. Choose a truly adaptable and fully customizable suite like http://runityourself401k.com and you make plan set up, administration and tracking really easy on yourself and on your employees. This comprehensive tool also lets you change your preferences as and when your risk appetite changes, affording the maximum flexibility that you can possibly ask for.

You can manage this 401K plan online with just a few clicks so there is no need for a third party administrator to manage the retirement plan. Since this tool is also one of the cheapest in the market in terms of set up cost, fees and charges, you can have your 401K launched at very affordable prices.

About Elliot Earl, Director, Pension Trade Association
Director, Pension Trade Association Founded in 1982, the Pension Trade Association [California Domestic Nonprofit Corporation #C1629080] is dedicated to helping workers save for their retirement through expanded coverage of 401k -type defined contribution pension plans.

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