Self-Directed 401(K) Investing: Adp's Role

ADP does not endorse or recommend specific investment companies or products, financial advisors or service providers, engage or compensate any financial advisor or firm for the provision of advice, offer financial, investment, tax or legal advice or management services, or serve in a fiduciary capacity with respect to retirement plans. ADP offers two distinct options for selecting investments: open-fund architecture provides access to over 13,000 nonproprietary investment options from 300+ investment managers.

Self-directed brokerage accounts in 401(k) plans allow for investing in a wider array of alternatives

Self-directed brokerage accounts in 401(k) plans allow for investing in a much wider array of alternatives. ADP is able to provide retirement 401k plan investment options without any bias or agenda. ADP Strategic Plan Services, LLC provides fiduciary investment management services, including the analysis, selection, monitoring, and if necessary, replacement of investment options on behalf of employer-sponsored retirement plans. Self-employed individuals can participate in the company’s 401(k) plan, making both elective deferrals and receiving employer contributions. There are several different types of retirement plans – Solo 401(k), SEP IRA, SIMPLE IRA and traditional 401(k) – that are available to self-employed individuals. The Solo 401(k), in particular, was designed specifically for entrepreneurs and their spouses. Those whose business is a side venture may also contribute to a 401(k) offered by an employer, but the combined contributions between both plans must not exceed the annual limits set by the IRS. The combined limit for employee and employer contributions to a 401(k) is the lesser of 100% of an employee’s compensation or $70,000. This maximum increases to $77,500 if the employee is 50 years of age or older and participates in a plan that allows catch-up contributions. Loans are permitted with 401(k), but not a SEP IRA or SIMPLE IRA.

ADP Strategic Plan Services provides fiduciary investment management services

ADP Strategic Plan Services, a separate, indirect subsidiary of ADP, Inc., offers fiduciary investment management services for employer-sponsored retirement plans. These services include the analysis, selection, monitoring, and replacement of investment options on behalf of these plans. ADP's retirement services are designed to help companies make responsible investment decisions for their 401(k) plans.

ADP offers two distinct options for selecting investments: an open-fund architecture that provides access to over 13,000 nonproprietary investment options from 300+ investment managers. This wide range of investment options allows ADP to provide retirement 401(k) plan investment options without any bias or agenda.

Self-directed brokerage accounts in 401(k) plans allow for investing in a much wider array of alternatives. However, this alternative has raised a few eyebrows in fiduciary circles, as it allows investors to take much greater risks with their retirement savings than they previously could, with even the most aggressive fund choices. Those 401(k) participants who have this option available to them need to carefully evaluate the possible gains—and losses—that they may sustain from their trades. Self-directed brokerage accounts in 401(k) plans allow for investing in a much wider array of alternatives. Fees for the increased amount of transactions can cut into profits. People who restrict the amount of money they put into such an account generally fare better.

ADP's retirement services are designed to help companies make responsible investment decisions for their 401(k) plans. These services include the analysis, selection, monitoring, and replacement of investment options on behalf of these plans. ADP is able to provide retirement 401(k) plan investment options without any bias or agenda. The combined limit for employee and employer contributions to a 401(k) is the lesser of 100% of an employee’s compensation or $70,000. This maximum increases to $77,500 if the employee is 50 years of age or older and participates in a plan that allows catch-up contributions. Loans are permitted with 401(k), but not a SEP IRA or SIMPLE IRA.

ADP's retirement services are designed to help companies make responsible investment decisions for their 401(k) plans. These services include the analysis, selection, monitoring, and replacement of investment options on behalf of these plans. ADP is able to provide retirement 401(k) plan investment options without any bias or agenda. The combined limit for employee and employer contributions to a 401(k) is the lesser of 100% of an employee’s compensation or $70,000. This maximum increases to $77,500 if the employee is 50 years of age or older and participates in a plan that allows catch-up contributions. Loans are permitted with 401(k), but not a SEP IRA or SIMPLE IRA.

ADP open-fund architecture provides access to over 13,000 nonproprietary investment options

ADP's retirement solutions, like the Open Fund Architecture (OFA), give employers the flexibility to offer tailored retirement strategies that go beyond the basics. ADP's open-fund architecture provides access to over 13,000 nonproprietary investment options from 300+ investment managers. This wide selection helps employers offer a range of low- and high-risk investments.

ADP's OFA offers flexibility with over 13,000 investment options. You and your advisor can compare and evaluate funds to find the right candidates for consideration. Our screened investment tiers put simplicity at the forefront by offering fund tiers that have been evaluated and are organized based on ADP’s underwriting criteria.

ADP is an independent record keeper and is able to provide retirement 401k plan investment options without any bias or agenda. ADP Strategic Plan Services, LLC, a separate, indirect subsidiary of ADP, Inc., provides fiduciary investment management services, including the analysis, selection, monitoring, and if necessary, replacement of investment options on behalf of employer-sponsored retirement plans.

Self-directed brokerage accounts in 401(k) plans allow for investing in a much wider array of alternatives. Fees for the increased amount of transactions can cut into profits. People who restrict the amount of money they put into such an account generally fare better.

Business.com named ADP’s retirement services as BEST FOR SMALL BUSINESS 2024.

ADP independent record-keeping eliminates bias in 401(k) plan investment options

ADP Strategic Plan Services, LLC provides fiduciary investment management services including the analysis, selection, monitoring, and if necessary, replacement of investment options on behalf of employer-sponsored retirement plans. ADP's retirement services are best for small businesses and employers as they charge reasonable plan and investment fees and provide real-time integration between the 401(k) record-keeping and payroll systems to eliminate manual data entry and reduce errors.

Sponsoring a retirement 401k plan makes your company responsible for the investment selection and monitoring associated with your plan. ADP's retirement services are best for small businesses and employers as they charge reasonable plan and investment fees and provide real-time integration between the 401(k) record-keeping and payroll systems to eliminate manual data entry and reduce errors.

Self-directed brokerage accounts in 401(k) plans allow for investing in a much wider array of alternatives and eliminates bias or an agenda in employer-sponsored retirement plans. Those 401(k) participants who have this option available to them need to carefully evaluate the possible gains—and losses—that they may sustain from their trades.

There are several different types of retirement plans – Solo 401(k), SEP IRA, SIMPLE IRA and traditional 401(k) – that are available to self-employed individuals. The Solo 401(k), in particular, was designed specifically for entrepreneurs and their spouses.

Self-employed individuals can contribute to a 401(k) offered by an employer

Self-directed brokerage accounts in 401(k) plans allow for investing in a much wider array of alternatives. Self-directed investing is an alternative that has raised a few eyebrows in fiduciary circles, as it allows investors to take much greater risks with their retirement savings than they previously could, with even the most aggressive fund choices. Those 401(k) participants who have this option available to them need to carefully evaluate the possible gains—and losses—that they may sustain from their trades. People who restrict the amount of money they put into such an account generally fare better.

ADP Strategic Plan Services, LLC provides fiduciary investment management services, including the analysis, selection, monitoring, and if necessary, replacement of investment options on behalf of employer-sponsored retirement plans. Today, the Employee Benefits Security Administration, part of ERISA, is actively overseeing, and ensuring the integrity of, the private employee retirement system in the U.S. Sponsoring a retirement 401k plan makes your company responsible for the investment selection and monitoring associated with your plan.

ADP offers two distinct options for selecting investments: Our open-fund architecture provides access to over 13,000 nonproprietary investment options from 300+ investment managers. ADP is able to provide retirement 401k plan investment options without any bias or agenda. Charge reasonable plan and investment fees and have no hidden costs. Provide real-time integration between the 401(k) recordkeeping and payroll systems to eliminate manual data entry and reduce errors.

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