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The 401(k) is an amazing tool to save for retirement. A 401(k) allows you to automate your savings, receive extra contributions from your employer, and lets your money grow completely tax-free!
401(k) plans managed by PFG Investments are set up as pooled accounts. In a pooled account, everyone’s money is invested in the same account at Charles Schwab.
The benefit of pooled retirement accounts include:
- Lower costs. Shared costs mean lower costs. When you pay lower fees today, you keep more saved and invested for retirement.
- Professional money management. Everyone participant’s money (both employees and doctors) is professionally managed, giving you the best chance for long-term success.