Our daily roundup of retirement news your clients may be thinking about.
Its back to the future for this 401(k) plan A type of 401(k) plan that was available in the '80s --dubbed as pooled 401(k)s-- is making a comeback, according to an article in MarketWatch. This type of retirement plan offers small business owners and workers a way to reduce the costs and stress that come with investing by pooling all contributions into a single account that will be guided by an expert fiduciary manager. All participants will get the same investment plan and do away with high-price mutual funds and complicated retirement calculations. --MarketWatch
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