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Entrust your employer-sponsored retirement plan to an objective, committed advisor at Waddell & Reed


Ask any business owner who offers a retirement plan, and you’ll likely hear it’s one of their most valuable benefits, one that simultaneously helps employees invest for retirement and serves as a reward and retention tool.

As employer, you may see other benefits as well, such as attracting prospective employees, improving employee morale and gaining tax advantages.

However, with these great rewards comes great responsibility for you as a plan fiduciary. What’s a fiduciary? Good question.

It’s a person or organization that owes to another the duties of good faith and trust. As a fiduciary to your retirement plan, that plays out as you evaluate and select suitable service providers, design and provide ongoing review of the plan’s investment choices, educate plan participants, and provide them disclosures.

There’s more. As a fiduciary you also are responsible for things like recordkeeping, legislative review and plan administration. With all this on your plate – and yes, it can be time consuming – you could use the help of a knowledgeable partner.

A financial advisor at Waddell & Reed understands the fiduciary responsibilities associated with your retirement plan and, importantly, can serve as a co-fiduciary, helping:

  • Uncover and assess your needs.
  • Seek out and evaluate proposals.
  • Understand fees and expenses.
  • Educate about your role as plan fiduciary and provide best practices.

Offering a retirement plan can be a healthy step – for your business, your employees and you. Do it with the help of a partner who is objective and committed to you.

There’s a lot to consider when choosing a retirement plan for your business.

Contact a Waddell & Reed financial advisor to guide you to
the plan type that benefits your company, employees and you.

All investing involves risk, including the possible loss of principal, and there is no guarantee that any investment strategy will be successful.

This information is provided for informational and educational purposes only and may include references to concepts that have legal, accounting and tax implications. It is not to be construed as legal, accounting or tax advice, and is provided as general information to assist in understanding the issues discussed. Waddell & Reed does not provide tax advice. Waddell & Reed believes the information has been obtained from sources considered to be reliable, but does not guarantee the accuracy of the information provided.

Associated Tags: Employer-Sponsored Retirement Plans