Message Font: Serif | Sans-Serif
No. of Recommendations: 0
Guess the company didn't choose to have that option available to us when they set up the 401k plan.
Doesn't matter if the 401k didn't have brokerage window when it was created - your employer can still add it now if they want to.

Now would be a good time to start talking to your HR department about increasing options in the 401k. Let them know that you aren't satisfied with the few options available. Even better is if you get a few people that agree with you to provide the same feedback.
If you have a company that is somewhat similar and they have a better 401k plan, use that information as well to encourage them to adjust their plan to be competitive.

Start now because Oct/Nov when open-enrollment usually is for most employers is too late. By that point the contracts are in place for the next year. If you provide feedback now, possibly HR can do something for next year.

If you don't provide feedback it may be that HR leadership says to themselves "I wouldn't use this feature, and I haven't heard anything from employees wanting it, so if it saves us $500 over the next year on our bill from Fidelity/WellsFargo/whoever we might as well drop it. Not like anyone will miss it"
Print the post  


In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.