401K Control
Help with your 401(k)?
WHAT IS A SELF-DIRECTED BROKERAGE ACCOUNT? (SDBA)
An SDBA, or Self-Directed Brokerage Account, is a window inside a company-sponsored retirement plan (401(k), 403(b), 457, etc.) which offers plan participants the option to invest in more than the limited pre-selected company choices.
THE FREEDOM TO GO BEYOND THE BASICS
- Take control of your retirement plan with more investment options, and potentially greater diversification
- Access to personalized advice inside your 401(k)
- Access to third party active management
- Potential to sidestep bear markets through additional management strategies
Self-Directed Brokerage Accounts Explained
"In a 2014 Financial Engines/AON Hewitt study, the annual median performance gap return between participants that had help and participants that did not have help was 3.32%, net of fees over the period 2006–2012. This difference can have a meaningful impact on wealth accumulation over time. For a 45-year old participant that seeks the help of a financial professional it could translate to 79% more wealth at age 65.3."
— FINANCIAL ENGINES & AON HEWITT
BEFORE GETTING STARTED WITH A SELF-DIRECTED BROKERAGE ACCOUNT (SDBA)
IDENTIFY THE OPPORTUNITY – CONTACT US TO FIND OUT IF YOU HAVE AN ELIGIBLE PLAN.
We will call your 401(k) plan custodian together or refer to the plan summary to determine the following:
- Determine if third-party management is available.
- Determine the minimum core balance requirement and other important factors.
- Determine if there is any paperwork that requires the plan administrator's signature.