Does your company offer you advice on your 401(k) plan (60% of companies do)? Do you take advantage of it? A recent Wall St. Journal article points out that only 1/4 of employees who have access to advice through their employer actually take advantage of it. Even more revealing, most who do use the advisory services, neglect or refuse to provide personal details that could make the advice more valuable. (WSJ 11/7/11).
Make it your goal this month to engage the free advisory services offered by your company or your trusted financial advisor.
Future posts will discuss corporate benefit plan options to help your decisions before critical behavioral errors are made.