[Hidden-tech] Personal 401k plans

[Mark Kurber]

Hi Andy,  Hidden-Techers,

That's one of my specialties, actually, as I work with a number of small
business owners.  I primarily use Oppenheimer's Single-K, great fund
options, low fees, easy to manage.  Everyone is "fee conscious" these days
(Andy referenced Terry Gross' Fresh Air NPR story from a couple weeks ago)
so I also insist on 100% transparency with regards to every expense
(annual, 12b-1, management) associated with the management of this plan.
 FYI, I've seen the T. Rowe Price plan as well, it's quite good.

I've attached the "employer fact sheet" for your reference and for anyone
else interested in checking out the tax advantages of an individual 401(K).

Andy:  feel free to call if you have specific questions, thanks!


Best regards, *Mark H Kurber*, CLTC

Financial Planner, MML Investor Services, Inc.

330 Whitney Avenue, Suite 600, Holyoke, MA 01040

w: 413-539-2338

m: 413-441-5101

f: 413-539-2300

e: mkurber at financialguide.com
--------------------------------------------


On Tue, May 28, 2013 at 8:38 AM, Andy Klapper <andytk at charter.net> wrote:

>    ** Be sure to fill out the survey/skills inventory in the member's area.
>    ** If you did, we all thank you.
>
>
>
> I was wondering if anybody spent any time looking at 401k plans for
> companies of one.  I have a plan through T. Rowe Price for my consulting
> business that only employs me and I have nothing bad to say about them
> other than I fear that I’m paying too much in fees.  This fear isn’t based
> on anything other than an NPR report saying that 401k fees are too high and
> that I went with T. Rowe Price went I started my business because my last
> full time employer used T. Rowe Price.****
>
> ** **
>
> This is a long way of saying that I never shopped for a 401k plan and I
> was wondering if any of my esteemed hidden tech company of one colleagues
> has spent the time evaluating 401k providers and can share the fruits of
> their efforts with me.  I also figure this may be something of interest to
> others as the 401k deduction is quite generous for sole proprietors.
> (Strictly speaking it’s a combination of SEP and 401k but I use 401k
> because more people know 401k’s than SEP’s, even if they are functionally
> the same and simply different parts of the tax code, at least as far as I
> can tell).****
>
> ** **
>
> ** **
>
> Thank you in advanced,****
>
> ** **
>
> ** **
>
> Andy.****
>
> ** **
>
> ** **
>
> Andy Klapper****
>
> Asgard Technology Group, LLC****
>
> Making Complex Software Simple****
>
> High Speed Multi-Threading Specialists****
>
> 5 Anna Marie Lane****
>
> East Longmeadow, MA 01028****
>
> Andy at Asgard-Tech.com****
>
> (860) 805-1189 (cell)****
>
> ** **
>
> ** **
>
> _______________________________________________
> Hidden-discuss mailing list - home page: http://www.hidden-tech.net
> Hidden-discuss at lists.hidden-tech.net
>
> You are receiving this because you are on the Hidden-Tech Discussion list.
> If you would like to change your list preferences, Go to the Members
> page on the Hidden Tech Web site.
> http://www.hidden-tech.net/members
>
-------------- next part --------------
An HTML attachment was scrubbed...
URL: http://lists.hidden-tech.net/pipermail/hidden-discuss/attachments/20130528/25202d56/attachment-0001.html 
-------------- next part --------------
A non-text attachment was scrubbed...
Name: Single-K-Employer-Fact-Sheet.pdf
Type: application/pdf
Size: 257112 bytes
Desc: not available
Url : http://lists.hidden-tech.net/pipermail/hidden-discuss/attachments/20130528/25202d56/attachment-0001.pdf