Saturday, January 29, 2011

Financial Impact Factor: Do You Know who the intermediary of your 401K) is?

Alison Farrin of Innovative Pensions was kind enough to be our guest today on the Financial Impact Factor Radio. She explained to my co-hosts Dave Kittredge and Dave Ng of exactly what her role is in the 401(k) plan as a TPA or third party administrator. She offered some very helpful insights in how you should use the plans as well as the way small businesses should approach the process of providing retirement benefits to their employees.

Also on the show, a look inside the increasing financial debt faced by college students. Dave and Dave explain forbearance, deference and defaults.

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