Compare These Top Vendors for Mutual Funds


Find resources for mutual fund investments including sources of mutual fund analysis and providers of mutual fund comparisons.
Bank of America Merrill Lynch

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.

Bank of America Merrill LynchVisit www.benefitplans.baml.com

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Growth Mutual Funds

Business directory to investing in growth mutual funds.

www.business.com/finance/growth-mutual-funds/
401k Plans

Information on 401(k) plans.

www.business.com/finance/401k-plans/
401k Rollover

Business directory to 401k rollover information and advice.

www.business.com/finance/401k-rollover/
403(b) Plans

Resources and services for 403(b) plans.

www.business.com/finance/403b-plans/
Retirement Consultants

Retirement industry advisers and consultants.

www.business.com/finance/retirement-consultants/
401(k) Plans Key Terms

Source: /guides/401-k-plans-key-terms-33062/

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 »

401(k) Plans Industry Overview

Source: /guides/401-k-plans-industry-overview-21253/

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 »

Investing Extra Business Cash in Mutual Funds


Investing corporate cash in mutual funds can give your company the financial power it needs to go to the next level. You can choose from thousands of mutual funds whose holdings include various types of investments from companies based both in the U.S. and abroad. When it comes to mutual funds there are three things to keep in mind:
  1. Determine what types of companies you prefer
  2. Do your research
  3. Monitor your investments' performance

Assess your goals

First determine how much money you can invest. Remember, this money should not be touched for at least five years. Financial advisors say if you have less time than that, you shouldn't be in the market.

Research, research, research

Once you know what type of mutual fund suits your investment goals and philosophy, the hard part comes – choosing among the cornucopia of options. Every mutual fund has a prospectus, which won't be very entertaining, but very informative. It will spell out the fund's investment policies and objectives, risks, costs, historical performance data and more.

Monitor your investment

You have a business to run so it's not feasible to surf the Internet every couple of hours to see how your investment is doing. That's probably not ideal for anyone. But you also don't want to make your investment and leave everything to Lady Luck.
  • Mutual funds give you diversity. If you put your money in only a handful of stocks your fortune would be tied to just a few companies. But with mutual funds, $1,000, $5,000 or $10,000, will give you a lot of diversification. Mutual funds spread your risk, which is key to any investment strategy.
  • Be sure you know the tax consequences of any investment. If you hold your fund in a taxable account, for example, you will have to pay capital gains taxes.