Since their creation in the early 1980s, the 401(k) plan has transformed how Americans save for retirement. Sponsored by an employer, these retirement plans allow people to save, with pre-tax dollars, by investing in a menu of investment options. Unfortunately, not everyone has the time, tools, or talent to manage their investment selections in a way that will prudently help them reach retirement goals.
Those without the tools or talent, or time or desire to learn, seek the help of a financial advisor. Retirement Management Systems helps people and their financial advisors manage these worthwhile, yet often confusing, retirement savings plans.