Search
 

Your mission: Open the 401(k) floodgate

When I finished reviewing every employees status, I couldnt believe it. All I could do was lean back, smile and imagine Hannibal Smith saying I love it when a plan comes together.

By Chris Carosa | Updated on February 15, 2013

I’m lucky enough not only to be a journalist and writer, but, for more than 30 years I’ve also been a full-time practitioner in the fields I write about. So it shouldn’t surprise you that I regularly speak to plan sponsors, plan investors and their various forms of investors. There’s one thing all these experienced people agree on: The most important element to achieving retirement success is to simply start saving.

Ironically, this is also the hardest thing for people to do. Not to save, but to start saving. Once an investor gets started, the process develops its own momentum. Fortunately, there are so many lists to help 401(k) investors get started (here’s one: “7 Simple Saving Secrets Every 401k Investor Should Know,” FiduciaryNews.com, Feb. 5, 2013). But what’s totally amazing is this: It works.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2024 ALM Global, LLC. All Rights Reserved.