Bank of America Merrill Lynch Offers Industry-Leading Retirement & Benefit Plan Solutions. Find Out How Our Vast Resources, Personalized Advice & Thought Leadership Can Help Your Employees Achieve Financial Wellness Today.
Business directory to 401k rollover information and advice.www.business.com/finance/401k-rollover/
Retirement industry advisers and consultants.www.business.com/finance/retirement-consultants/
Companies that provide retirement plan benefits, including 401k plans and pensions. Get information on corporate retirement plans, or how to offer retirement benefits for employees.www.business.com/finance/retirement-plans/
401(k) plans allow employees to save for their retirement by contributing a portion of their wages to an individual account. Employers can also contribute to 401(k) plans in the form of employee benefits; be sure your 401(k) vendor can manage your employees’ investments wisely.www.business.com/finance/401k/
Learning about 401(k) plans key terms is a good place to start if you're considering starting up a retirement fund for your employees. From automatic enrollment to matching, after-tax and pre-tax contributions, 401(k) plans have several terms you may want to know before beginning one of these programs. Read More »
The 401k plan grew from a little known tax code loophole--which is where the 401k name came from--to the most common way workers invest for their retirement. This industry possesses trillions of dollars in allocated 401k retirement plan contributions. Read More »
If your business is looking to hold and grow assets, consider working with one of the many available institutional brokerages. These brokerages generally trade in very significant amounts that require special handling and attention by the broker.
Many of these brokerage firms specialize in one type of fund or corporation. For instance, some prefer to work with mutual funds as a way of growing retirement benefits for employees, while others may prefer to deal only with banks. This specialization is actually quite beneficial to the brokerage's clients, as it means that the brokerage is an expert in one particular area.
Brokerages handle basic investment services for their clients, of course. They also provide extensive investment research and administrative support. Some brokerages hold financial seminars for clients. Most brokerages offer online account access, but not all allow broker contact after business hours or on weekends.
It is important to consider transaction fees when choosing a broker; however, it is equally important to consider ease of communication. After all, you certainly want to be able to receive support and service when necessary. And, you want to be able to place orders online or by telephone as desired. To learn more about choosing institutional brokerages, try the links on the left. Compiled by Business.com, these links will help you find the right brokerage for your business.