Sunday, August 09, 2009

The Best Book We’ve Seen on 401(k)‘s

For those of us who meant to write a book which tells everything there is to know about 401(k) Fiduciary duties, well, Josh went ahead and did it. It came out last year to great fanfare, but we are still surprised at how many 401(k) plan sponsors still don’t “get it”.

Josh has briefly - but completely, provided a step by step guide to fulfilling these duties which, by the way, leads to a low cost, high performing plan you can be proud of. In addition, the book shows how to address the fiduciary liablity question in order to protect youself…it’s still a PERSONAL liability at the end of the day.

And he explains who the players are…this chapter alone is worth the price of the book. When you see who has a vested interest in what, it becomes clear where there can be conflicts of interest or worse.

For more information, you can visit Josh’s site: http://www.fixingthe401k.com/