401(k) Architecture: Design a Retirement Plan That Serves Your Purpose and Your People Paperback – Import, 2 November 2021

If you are a plan sponsor or an advisor looking to enhance your retirement program, then I would highly recommend reading this book. It outlines how to effectively design and govern a retirement program. One that serves your purpose and your people. When your employees feel that you care about their financial wellbeing, it creates a strong sense of loyalty. In the current environment, attracting but also retaining talent has become a major priority for many organizations. The book addresses these vital topics and includes examples from some of the top workplaces across the country.

As a 30-plus year HR professional responsible for 401(k)/403(b) plans over the years, I wish I would have had a book like this to assist me in helping my employers offer a better retirement plan design along with the necessary employee education on the importance of investing in the plan. I appreciate Troy’s acknowledgement of the recent pandemic’s impact on employees’ lives and his behavioral science expertise to recognize the need to balance people, purpose and profits. I have been fortunate to work in organizations that had a keen sense of purpose for loving and taking care of their people. I have seen first-hand the financial struggles of many employees and this book made me realize how crucial it is to have effective communication about how their 401(k) plan can help them retire financially healthy. Troy points out that the employer’s goal is to have enough people saving enough money so that everyone retires on time, and with dignity, and the benefits of the organization having them do so. And a great reminder that 401(k) plans need to bear fruit by helping people retire better. I highly recommend this book as a must-read for anyone who has any responsibility for a retirement plan within their organization.

This was my jumping-off point for transitioning to qualified retirement plans for my business. From beginning to end and bottom to top, this is the framework for becoming a retirement plan advisor. (It's also great for sponsors, I'm sure).

401K architecture is a must-read for business owners who seek the good of their company and the good of their employees (as well as anyone in charge of sponsoring employee retirement plans). This book provides clarity on successfully structuring employee 401K plans and gives readers practical next steps to achieving successful plans. The passion and expertise Troy Redstone has for retirement planning, people, and business development comes out on every page.

Troy is an expert and clearly explaining the benefit of benefits--specifically the 401k plan. This is really a play book for employers. But, I couldn't help but think as i was reading that employees might similarly benefit from a deeper understanding of what drives employers to develop and offer competitive benefit packages. Good info for all involved in this complicated and critical retirement saving system of ours!Mary Kay