10 Things Your 401(k) Wants you to Know

Here’s another tool for your participant education tool box, courtesy of Milliman: The latest installment in their “Insight” series, “Ten things your 401(k) wants you to know,” lays out some good, solid facts and simple advice about saving for retirement via a DC plan, like the importance of diversification and understanding plan fees, how compounding interest works, the impact of early distributions, and more. It even summarizes the possible impact of tax reform on DC plans. Written for the average investor, this is a nice, concise educational resource to pass on to plan participants.