Managing 401(k) plans is difficult enough as it is, considering that employees must act as their own financial advisors in making difficult decisions. For those already taking the full advantage of their plans, the new disclosure rule will help them make more informed choices, enabling them to accumulate more wealth for retirement.
The opinions expressed here are solely those of Mr. Schwartz.
Ted Schwartz, a Certified Financial Planner®, is president and chief investment officer of Capstone Investment Financial Group. He advises individual investors and endowments, and serves as the advisor to CIFG Funds. Because Schwartz has a background in psychology and counseling, he brings insights into personal motivation to advising clients on achieving their wealth management goals. Schwartz holds a B.A. from Duke University and an M.A. from Oregon State University. He can be e-mailed at firstname.lastname@example.org.