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Sharebuilder 401k Review

3

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Very good

Revainrating 4 out of 5  
Rating 
4.0
HR, 401(k) Software

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Description of Sharebuilder 401k

ShareBuilder 401k was launched in 2005 with the goal of making retirement savings plans accessible for all. Today, we serve over 6,000 companies across America offering 401(k) plan design consulting, employee education, digital setup, and investment management services.

Reviews

Global ratings 3
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Type of review

Revainrating 4 out of 5

Sharebuilder401k is a great online investing account

The ease to use is amazing! I have been using this program for years now, it's easy to set up your account and you can easily see how much money you are saving each month as well as which options you should be taking advantage of. It has never failed me so far but when it does fail, they do send out emails notifying you that there is an issue and what needs to happen to fix it. If you want to start investing or if you already invest then go ahead and give them a try. You will love their…

Pros
  • Love seeing all transactions without having too sift threw piles upon pages
Cons
  • Very little fees

Revainrating 4 out of 5

User friendly platform with good customer service

The easy to use interface is great! It's very intuitive how you can navigate through it which makes setting up your account much easier than other sites I've used before such as Ameritrade or Charles Schwab (which are so confusing!). You have several different ways that people could potentially lose their money if they don't follow directions well enough - but this isn’t something i'm able to fix once someone has lost there funds because my knowledge level goes no further then "you should do…

Pros
  • I like the fact that you can transfer funds in and out of your account
Cons
  • I dislike that I'm able to access my account via my phone

One thing I like most about this program is that you have two options when it comes to investing your money - one being an index fund option which works out well if they are already invested heavily into ETFs but not so good otherwise (it's just too risky). If people aren't very familiar or experienced investors then using their advice can be helpful as sometimes stock pickers get things wrong because what looks right at first might mean nothing later downthe line! Also having multiple accounts

Pros
  • The ability to have multiple accounts to be more diversified within your portfolio; also the ability to have access to your money whenever you need it
Cons
  • Not really at this time but I'm sure there are more options as the program grows/evolves in the future