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Buck Hartzell

๐Ÿ‘ค Speaker
219 total appearances

Appearances Over Time

Podcast Appearances

Motley Fool Money
Advocate for a Better 401(k) and Tax-Smart Charitable Giving

I mean, when we first said, let's just call some of these big players and they'll want to do our 401k plan.

Motley Fool Money
Advocate for a Better 401(k) and Tax-Smart Charitable Giving

They're like, yeah, how many assets do you have?

Motley Fool Money
Advocate for a Better 401(k) and Tax-Smart Charitable Giving

And we're like, almost 3 million.

Motley Fool Money
Advocate for a Better 401(k) and Tax-Smart Charitable Giving

They're like, well, thanks for calling, guys.

Motley Fool Money
Advocate for a Better 401(k) and Tax-Smart Charitable Giving

Call us back in 20 years.

Motley Fool Money
Advocate for a Better 401(k) and Tax-Smart Charitable Giving

But anyhow, yeah, that's the reality is they want to deal with plans with bigger assets than we had certainly at that time.

Motley Fool Money
Advocate for a Better 401(k) and Tax-Smart Charitable Giving

So that makes it a little bit of a challenge.

Motley Fool Money
Advocate for a Better 401(k) and Tax-Smart Charitable Giving

You say we formed a committee.

Motley Fool Money
Advocate for a Better 401(k) and Tax-Smart Charitable Giving

Some might say we formed a hostile takeover.

Motley Fool Money
Advocate for a Better 401(k) and Tax-Smart Charitable Giving

It's terminology, but you can use whatever you want.

Motley Fool Money
Advocate for a Better 401(k) and Tax-Smart Charitable Giving

Yeah.

Motley Fool Money
Advocate for a Better 401(k) and Tax-Smart Charitable Giving

So if you're looking at your plan and you're not an expert in 401k plans and you don't spend your spare time like bro and I do looking at 11ks, I'll pass them along every now and then from to the committee on a Slack post.

Motley Fool Money
Advocate for a Better 401(k) and Tax-Smart Charitable Giving

Hey, look at this plan, what they have is kind of interesting.

Motley Fool Money
Advocate for a Better 401(k) and Tax-Smart Charitable Giving

If you don't do that, that's fine.

Motley Fool Money
Advocate for a Better 401(k) and Tax-Smart Charitable Giving

Most people don't.

Motley Fool Money
Advocate for a Better 401(k) and Tax-Smart Charitable Giving

you can just look at your own plan and go, okay, what features do we have?

Motley Fool Money
Advocate for a Better 401(k) and Tax-Smart Charitable Giving

That's where I would start first.

Motley Fool Money
Advocate for a Better 401(k) and Tax-Smart Charitable Giving

Because as you know, Robert, it doesn't cost anything to add a lot of these features, right?

Motley Fool Money
Advocate for a Better 401(k) and Tax-Smart Charitable Giving

So they should just be something that you have.

Motley Fool Money
Advocate for a Better 401(k) and Tax-Smart Charitable Giving

One of those is auto enrollment.