Few people know how much they pay each year in 401(k) fees. Why? Because all of the expenses are paid directly out of the plan, by the participants. But guess what? The people who have the most money in the plan are paying the most, and yet they get the same service as the ones with the least amount of money in the plan. But, the recent Supreme Court Decision of Tibble vs. Edison is a game changer — if you can’t tell each of the partners exactly how much they are paying in 401(k) fees, this webinar is for you.

 

Objectives:

  • Analyze the fees for and how much they cost 401(k) participants.

  • Discuss the three factors in place that over the course of the next decade will dramatically

reduce the fees participants pay.

  • Breakdown how much money can a participant save by reducing their fees.

  • Discover what happens when a plan sponsor fails to comply with Tibble vs. Edison.

 

Professor George Morgan serves as Adjunct Professor of Finance at the University of Nebraska, Omaha, where he teaches in the investment sciences program. He also serves on the faculty of the University’s Executive MBA program. He has held faculty appointments at Purdue University and Ball State University. In 1979, he entered the financial services industry in Omaha where he served as Vice President at Smith Hayes Financial Advisors. In 2000 he published Making Millions, the story of the Omaha Financial Community.

 

This Program is worth one hour of credit in:

CLM App Management Category-Functional Specialist: Legal Industry Business Management

CLM Recertification Credit: 1 hour in the subject area of Legal Industry/Business Management (LI)

California MCLE: Law Practice Management

MCLE/Other States: Credit may be available in other states but cannot be guaranteed. In all states, accreditation is dependent on individual state guidelines and filing regulations.

Seminar Information
Date Presented:
January 18, 2017 3:00 PM Eastern
Length:
1 hour
ALA Member Price:
$109.00
Non-Member Price:
$129.00
Do You Know How Much Your 401k Costs?
Individual topic purchase: Selected
Association of Legal Administrators
CLMSM Recertification Credit: 1.00
For other credit opportunities, please check the program description or email certification@alanet.org
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On-Demand (Recording)
ALA Member Price:$109.00
Non-Member Price:$129.00