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Epstein Financial Services
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Use Other People’s Money to Generate Paychecks for Life

Did you know that you can use other people’s money in your retirement plan to generate huge amounts of money for your savings? Most employees don’t understand how this works, which is why I’d like to demonstrate just how you can do that. The principle at work here is compound interest, which can generate a massive return on your investment if you take into account both the government’s and the employer’s contribution to your 401(k) plan. To learn more about what I mean, watch my latest video.

http://blog.epsteinfinancial.com/use-other-peoples-money-to-generate-paychecks-for-life.html
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This Retirement Planning Tool Will Help Your Employees Exponentially

Have you heard of the Gap Statement? Today, I’ll be telling you everything you need to know about this great retirement planning tool. In short, the Gap Statement allows your employees to determine how much monthly income they’ll have when they reach their retirement years. To learn more about what it is and how it works, watch this short video.

http://blog.epsteinfinancial.com/this-retirement-planning-tool-will-help-your-employees-exponentially.html
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The First Steps to Creating Paychecks for Life

Creating the perfect 401(k) plan for your employees is just the first step. In order to create paychecks for life, your employees are going to have to contribute to their plans. Before the ERISA established the retirement plan industry in 1974, everybody had a pension that covered most of their income after they retired whether they contributed to it or not. These days, it’s a completely different ball game. To learn more about how you can help your employees create paychecks for life, watch this short video.

http://blog.epsteinfinancial.com/the-first-steps-to-creating-paychecks-for-life.html
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The Importance of Share Classes to Retirement Plan Sponsors

I’m back to talk about another important part of any good employer-sponsored retirement plan. The share class you choose is extremely important in crafting a good plan. Some are more expensive for you, but they give your employees more benefits and less cost. There are three in particular that I’ll examine today. To take a closer look, watch this short video.

http://blog.epsteinfinancial.com/the-importance-of-share-classes-to-retirement-plan-sponsors.html
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Do You Know What Your Hard and Soft Dollar Fees Are?

Today I want to talk about understanding the fees and expenses in your retirement plan. Specifically, I want to explain what your hard and soft dollar costs are. It’s important that you know these things so you can make decisions based on your employees’ best interests. Hard dollar fees are typically fees you pay directly to your service providers. To learn more about these fees and find out what soft dollar costs are, watch my latest video.

http://blog.epsteinfinancial.com/do-you-know-what-your-hard-and-soft-dollar-fees-are.html
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Are You Truly Fulfilling Your Duties as a Retirement Plan Sponsor?

Today I want to talk about what retirement plan sponsors can learn from the results of a recent court case. All in all, you’ve got a duty of prudence and loyalty to your participants. This is something most people are already aware of, but actually following through on these duties is more important than some might assume. Tibble v. Edison has been dragging out for the past six or seven years, but has now finally concluded. Are you making any of the same mistakes as the sponsors in this case? To learn more, watch this short video.

http://blog.epsteinfinancial.com/are-you-truly-fulfilling-your-duties-as-a-retirement-plan-sponsor.html

https://youtu.be/I9Pi9Dx-Klo
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Don’t Get Sued—Know Your Revenue Sharing Fees

Today’s lesson in providing your employees the most successful retirement plan possible is revenue sharing. What is revenue sharing? Revenue sharing has been the basis for the largest litigation and lawsuits by the largest law firms across America against you—the planned sponsor fiduciary. To avoid this litigation, you need to know exactly how your revenue sharing fees are paid out. To learn how this works, watch my latest video.

http://blog.epsteinfinancial.com/dont-get-suedknow-your-revenue-sharing-fees.html

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1 Simple Way You Can Improve Investment Outcomes

Today I want to focus on what your employees can do to improve their investment outcomes. I have to say upfront, there’s no guarantee when it comes to investing, but there are things employees can do to enhance or improve the potential of the outcome. One of them is something called automatic rebalancing. One study shows that someone who did auto-rebalancing outperformed those who didn’t by 127%. To learn more, watch my latest video.

http://blog.epsteinfinancial.com/1-simple-way-you-can-improve-investment-outcomes.html
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We Can Help You Reduce Your Fiduciary Liability

The importance of your employees’ retirement plan is obvious. However, as a fiduciary of a 401(k) plan, you have a duty of loyalty and prudence. That's why I want to share with you a few of the ways Epstein Financial Services can lower your fiduciary liability and help you improve your employees’ quality of life after retirement. Our focus today is on fees and how they impact retirement. Did you know that even a 0.5% reduction in fees can make a difference? To learn more, watch my latest video.

http://blog.epsteinfinancial.com/we-can-help-you-reduce-your-fiduciary-liability.html
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The Right Way to Give Investment Options to Your Employees

Today I want to talk about investments—not how you should tell your employees how to invest, but having a diversified investment lineup that meets your fiduciary obligations as a planned sponsor fiduciary. To provide this, there are a couple things you need to know. First, keep in mind that giving your employees too much choice has a negative impact. A reasonable number of investment options you should have in a 401(k) plan lineup is about 16 to 18 choices. To learn more about providing investment options to your employees, watch my latest video.

http://blog.epsteinfinancial.com/the-right-way-to-give-investment-options-to-your-employees.html
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