Offer your thoughts or opinion on the input financial query or topic using your financial background.

My employer is switching 401k plan providers. How might this work in practice?
A few years ago our company switched from Fidelity to a different 401k provider. During the blackout transition, nearly every employee lost a considerable amount of money. The "Trustee" advised us that during the blackout he had a right to invest the funds and that the investments lost money.