What's your first thought when a participant asks you for help with their investment decisions? Perhaps you fret about the potential liability you face if you try to give investment advice. Or maybe you wish you could tell them that you hardly know more about investments than they do. Don't worry; help has arrived.

Introducing 401k Toolbox® Manage It For Me®

Mutual of Omaha Retirement Services has partnered with PMFM, Inc. to give participants access to individual retirement savings advice through 401k Toolbox.

401k Toolbox is an Individually Managed Account (IMA) option that makes investment decisions on behalf of a participant and provides ongoing retirement account management consistent with the participant's retirement goals. As an “active” IMA option, 401k Toolbox will make investment decisions according to changing market conditions.

Cover Your Fiduciary Responsibilities

By using a Qualified Default Investment Alternative (QDIA), you can receive the highest level of fiduciary protection available under ERISA. 401k Toolbox‘s unique account management service provides downside protection and reduced risk exposure as participants near retirement. This means that the investment decision responsibility rests safely with PMFM's team of financial experts. Learn more about QDIAs and the available options from Mutual of Omaha.

Sign up for 401k Toolbox Today

401k Toolbox is now available to add to your plan. Contact your Mutual of Omaha Retirement Services representative to get started.