» Topic: Company Owners here…Are you using "Simple IRA" or similar for employees?Bonner & Partners

Tuesday, 23 January 2018

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Company Owners here…Are you using "Simple IRA" or similar for employees?

Welcome! Forums Stock Market Investing Company Owners here…Are you using "Simple IRA" or similar for employees?

This topic contains 0 replies, has 1 voice, and was last updated by  BRENDAN O. 2 years, 1 month ago.

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    BRENDAN O.
    Participant

    I am getting pressure from the client that I am currently working with to introduce some sort of “match-able” investment plan for the employees. I have two objections at this point. 1) All the plans carry high transaction fees. and 2) My opinion is that this is the wrong time for amateurs to be in the markets. I have been through this before in my working life and saw the resentment of employees after getting IRA’s and 401k’s whacked. What are options that some of you may be using? Many thanks in advance for any suggestions.

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