According to the announcement, FreedomK is a 401(k)/Profit Sharing Plan designed for entrepreneurs and 1099 compensated individuals, such as real estate agents. The program offers low-cost investments with no upfront or back-end loads, including managed exchange traded fund portfolios, index funds and model allocations. Any subsidies received from mutual funds are credited back to the plan including 12(b)1 fees and sub-transfer agency fees, the announcement said.
SaveDaily said it has spent the past few months developing and beta testing a revised online platform featuring a step-by-step enrollment process and fully automated functionality designed to cater to active professionals.
Real estate professionals can learn more about and begin using the program at www.freedomk.com .