topic 2] What are the two main differences between 401(k) Easy and other 401k plans?
1. Cost is the primary difference — It could well be the mitigating factor in whether or not your company can sponsor a 401k. — No reasonably comparable 401k plan is priced as economically as 401(k) Easy. — Virtually all other plans charge extra for 401k loans, hardship withdrawals, automatic enrollment, an extensive investment list, etc. All those transaction and options charges can really add up! 2. Investment choice is another major source of variation: — 401(k) Easy lets your 401k plan offer any of an immense array of no-load mutual fund families and/or self-directed brokerage accounts. — Self-directed brokerage accounts mean each plan participant has access to his or her choice of investments. Stocks, options, foreign securities, mutual funds, bonds, corporate, municipal and zero coupons, certificates of deposit, government obligations, and UIT’s are all available. — Most other plans offer far less selection; some limit you to no choice — they preselect the investments, usu
