Self-Directed Brokerage Option
Offer your employees a wider range of investment options with our Self-Directed Brokerage feature, facilitating a personalized retirement savings strategy.
Self-Directed Brokerage Option
Offer your employees a wider range of investment options with our Self-Directed Brokerage feature, facilitating a personalized retirement savings strategy.
Expanding Choices with Self-Directed Brokerage
We can enable a self-directed brokerage option for participants who desire greater control and diversity in their investment decisions, providing guidance to ensure well-informed and thoughtful strategies.
A self-directed brokerage account (SDBA) within a 401(k) or 403(b) plan gives participants access to a much wider array of investment options beyond the plan’s core lineup. This could include individual stocks, bonds, mutual funds, ETFs, and other investment vehicles.
An SDBA is usually suited for more sophisticated investors who want more control over their investment choices and are comfortable with the risks involved. It’s crucial that employees using this option understand the potential risk and rewards, as well as any additional costs.
You’re in GOOD Company
More than 4,500 employees at over 30 companies save with Prosperity 401(k) Advisors.
401k Resources
401(k) Fiduciary vs Investment Advisor: Which is Better?
In the world of business management, understanding the roles and responsibilities of various financial professionals is paramount. Particularly when it comes to handling retirement plans like 401(k)s, the expertise brought
The Impact of Plan Features on 401(k) Performance
The role of 401(k) plans in an employee’s financial stability cannot be overstated. As such, companies must ensure these plans are structured to provide the best possible outcomes. Superior plan
Customized 401(k) Plans: A Tailored Alternative to Target Date Funds
Discover why customized 401(k) plans are a better choice for businesses and learn how to provide diversified investment options for your employees. The Limitations of Target Date Funds for 401(k)
