Why is it?

[scaredyclassic]

well, hold on. the concept I think is that you’re supposed to be protected from yourself, and to be gently guided into historically safe choices. Move with the herd, and you will probably be ok, the experts say. if the plans offered contrarian choices, or long shots, they might be open to lawsuits for offering crappy advice int he event the contrarian view didn’t pan out. I think it’s just one of those things where the plan, by its very nature, cannot be a free selection, because the plan organizer has a fiduciary duty to educate you and move you toward non-stupid decisions. the problem is, the herd could be running for a cliff.

[nocommonsense]

If you have Fidelity as your 401k provider, they have something called “brokerage link” that allows you to purchase stocks or anything you want for that matter. Ask your employer if they offer it.

[nocommonsense]

If you have Fidelity as your 401k provider, they have something called “brokerage link” that allows you to purchase stocks or anything you want for that matter. Ask your employer if they offer it.

[nocommonsense]

If you have Fidelity as your 401k provider, they have something called “brokerage link” that allows you to purchase stocks or anything you want for that matter. Ask your employer if they offer it.

[nocommonsense]

If you have Fidelity as your 401k provider, they have something called “brokerage link” that allows you to purchase stocks or anything you want for that matter. Ask your employer if they offer it.

[nocommonsense]

If you have Fidelity as your 401k provider, they have something called “brokerage link” that allows you to purchase stocks or anything you want for that matter. Ask your employer if they offer it.

[CBad]

I think a good compromise would be that you have to hold the $ in the 401K account with their choices for X amount of time. A year, maybe 18 months? Then it should be like you’ve left the company and can roll that eligible piece of your 401K into an IRA and do what you want with it. Most people would be lazy and let it sit in the 401K account anyway. I think we are talking a low percentage of employees that would go through the trouble of taking a portion out and rolling it over in order to have more control.

[CBad]

I think a good compromise would be that you have to hold the $ in the 401K account with their choices for X amount of time. A year, maybe 18 months? Then it should be like you’ve left the company and can roll that eligible piece of your 401K into an IRA and do what you want with it. Most people would be lazy and let it sit in the 401K account anyway. I think we are talking a low percentage of employees that would go through the trouble of taking a portion out and rolling it over in order to have more control.

[CBad]

I think a good compromise would be that you have to hold the $ in the 401K account with their choices for X amount of time. A year, maybe 18 months? Then it should be like you’ve left the company and can roll that eligible piece of your 401K into an IRA and do what you want with it. Most people would be lazy and let it sit in the 401K account anyway. I think we are talking a low percentage of employees that would go through the trouble of taking a portion out and rolling it over in order to have more control.

[CBad]

I think a good compromise would be that you have to hold the $ in the 401K account with their choices for X amount of time. A year, maybe 18 months? Then it should be like you’ve left the company and can roll that eligible piece of your 401K into an IRA and do what you want with it. Most people would be lazy and let it sit in the 401K account anyway. I think we are talking a low percentage of employees that would go through the trouble of taking a portion out and rolling it over in order to have more control.

[CBad]

I think a good compromise would be that you have to hold the $ in the 401K account with their choices for X amount of time. A year, maybe 18 months? Then it should be like you’ve left the company and can roll that eligible piece of your 401K into an IRA and do what you want with it. Most people would be lazy and let it sit in the 401K account anyway. I think we are talking a low percentage of employees that would go through the trouble of taking a portion out and rolling it over in order to have more control.

[Coronita]

[quote=nocommonsense]If you have Fidelity as your 401k provider, they have something called “brokerage link” that allows you to purchase stocks or anything you want for that matter. Ask your employer if they offer it.[/quote]

I think in several plans, you’ll get eaten alive by the fees/trading costs if your plans allows a self directed stock trading plan.

Second, the reason why several plans probably removed self-directed things can be summed up in 3 words… ‘Enron’s 401k “plan”‘

There is no such thing as a “safe/secure 401k”.

[Coronita]

[quote=nocommonsense]If you have Fidelity as your 401k provider, they have something called “brokerage link” that allows you to purchase stocks or anything you want for that matter. Ask your employer if they offer it.[/quote]

I think in several plans, you’ll get eaten alive by the fees/trading costs if your plans allows a self directed stock trading plan.

Second, the reason why several plans probably removed self-directed things can be summed up in 3 words… ‘Enron’s 401k “plan”‘

There is no such thing as a “safe/secure 401k”.

[Coronita]

[quote=nocommonsense]If you have Fidelity as your 401k provider, they have something called “brokerage link” that allows you to purchase stocks or anything you want for that matter. Ask your employer if they offer it.[/quote]

I think in several plans, you’ll get eaten alive by the fees/trading costs if your plans allows a self directed stock trading plan.

Second, the reason why several plans probably removed self-directed things can be summed up in 3 words… ‘Enron’s 401k “plan”‘

There is no such thing as a “safe/secure 401k”.

[Coronita]

[quote=nocommonsense]If you have Fidelity as your 401k provider, they have something called “brokerage link” that allows you to purchase stocks or anything you want for that matter. Ask your employer if they offer it.[/quote]

I think in several plans, you’ll get eaten alive by the fees/trading costs if your plans allows a self directed stock trading plan.

Second, the reason why several plans probably removed self-directed things can be summed up in 3 words… ‘Enron’s 401k “plan”‘

There is no such thing as a “safe/secure 401k”.

[Author]

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