Viewpoints about 401(k) trust

  • Group annuity or trust company—which is better for a 401(k) plan to make investments available?

    Retirement plans, such as 401(k) plans, offer participants the opportunity to save and invest for their future. To protect participant assets and enable them to be invested, plan sponsors must hire a provider that can recordkeep the plan and also hold the plan’s assets and provide access to investments. The two types of entities through which recordkeepers do this are generally insurance companies and trust companies. It’s helpful to understand both arrangements and the terms involved.

    Read more

All Tags