What are the fees on my account?
Fees vary according to the services and products provided, the number of employees, and the current assets in the plan. Of course there are never any commissions or transaction fees associated with The Best 401k. Additionally, our fees are asset based and cover all aspects of the plan including, plan design, plan documents, enrollment, administration, compliance, record-keeping, loan administration, distributions, investment management, etc. This fee is taken from the account on a quarterly basis and is no more then 0.5% of your portfolio.
Can I have more than one Profile Portfolio?
Yes, you can divide your account amongst all 5 Profile Portfolios of Conservative, Growth, Maximum Growth, ETF Sector Rotation, and Stock Portfolio, however using Conservative, Growth and Maximum Growth in the same Portfolio would be unwise because those Profiles use similar Mutual Funds that are just allocated differently.
Can I invest in Mutual Funds/ETFs/Stocks that I want?
Yes, as long as SSG-Pershing offers the investment you may invest in it.
Can I mix my existing investments with Profile Portfolios?
Yes, if you currently have investments in a retirement plan we can certainly add those to your Profile Portfolio.
How often can I change my allocation?
How often can I change my 401k deduction?
Can I make changes to my 401k on the Internet?
Yes, administrative (address change, beneficiary, deposit amount, etc) changes can be made by email to email@example.com.
Can I trade my account on the Internet?
Yes, as long as your investment option is “self-directed” and you have proper authorization.
How do I take a loan?
You can visit our Forms section and fill out the Loan Request form. You can then send the form to firstname.lastname@example.org and your loan will be reviewed. Once your forms are reviewed you will be contacted to finish the process.
Will all my trades be profitable?
No, not necessarily. There are no investments that do not include risk. We have partnered with AMSG, Inc. who manage your account daily to help manage the risk of your investments.