Sheehan's Consulting LLC: 7 Most Common 401(k) Blunders

Thursday, February 7, 2013

7 Most Common 401(k) Blunders

These retirement mistakes can cost you thousands of dollars and delay your retirement. 401k

plans offer a way for individuals to save money for retirement. The retirement account offers several benefits, but many individuals don't maximize them fully by making common blunders. Some of the mistakes made when investing in a 401k plan can result in having significantly less money during retirement than if the right decisions were made when contributing to the plan.

Read more: 7 Most Common 401k Blunders | eHow.com http://www.ehow.com/info_8764262_7-common-401k-blunders.html#ixzz2KCyH8kMl

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Grant J Sheehan

Grant is CEO of Sheehan's Consulting LLC, a firm specializing in association and credit union management; leadership development, strategic planning, director’s responsibilities, meeting planner/facilitator and disaster preparedness/recovery.

He also serves as the Vice President of SDR Properties of Dade County Inc. a real estate company dealing in residential and commercial property.

Mr. Sheehan, founded the annual Firefighters Credit Union Conference in 2001, he also established the National Coalition of Firefighters Credit Unions Inc. to represent firefighter credit unions nationwide and holds the position of Executive Director of the Coalition (NCOFCU)

He is a regular speaker on issues related to Board Management Relationships, Board Governance, Board Duties and Responsibilities and Peer 2 Peer relationships.

Mr. Sheehan served on the Board of Miami Firefighters Federal Credit Union for 15 years, 12 as Chairman. Upon his retirement from the City of Miami Budget and Finance Department, after 28 years of service with the Miami Fire Department, he served as CEO of Miami Firefighters Federal Credit Union for 10 years.

Henry Cepeda

Henry has been an active member of his credit union since 1964. He began his volunteer service to the credit union and its members in 1968 when he was appointed to the Supervisory Committee and served several years as Chairman until 1978. In 1978 he moved to the Credit review Committee and served several years as Chairman until 1988. In 1988 he was elected to the Board of Directors and held the positions of Treasurer, Vice-Chairman and Chairman until 2007. As Chairman and Executive Committee member, he worked closely with management and other board members to enhance the safety and soundness of the credit union.

C-954-258-8089
hcepeda@bellsouth.net

Sheehan's Consulting LLC

Thursday, February 7, 2013

7 Most Common 401(k) Blunders

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