What are the two main differences between MDB401k 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 competing plan is priced as economically as MDB401k. — Virtually all other plans charge extra for 401k loans, hardship withdrawals, automatic enrollment, an extensive investment list, etc. 2. Investment choice is another major source of variation: — MDB401k lets you offer individual, Mydiscountbroker.com self-directed discount brokerage accounts to your plan participants. — Mydiscountbroker.com self-directed discount 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, usually their own, and often charge significant fees for addition
