Participant Corner: Tax Saver’s Credit Reminder
You may be eligible for a valuable incentive, which could reduce your federal income tax liability, for contributing to your company’s 401(k) or 403(b) plan.
Participant Corner: Skip the Line, But Don’t Skip the Match!
If Jagger put the extra $1,000 towards his retirement, assuming an average return of 10% per year, (from 22 to 65) the $1,000 per year would grow to $592,400!
Participant Corner: RETIREMENT PLAN FACTS
Your employer provides you with a retirement plan for you to save money in, tax-deferred, for the day you bid your career farewell and enter into retirement. It’s important for you to know the facts about your plan, so you can maximize its saving potential.
Participant Corner: The 10% Savings Goal
Most people need to save more – often a lot more – to build a nest egg that can meet their needs.
Participant Corner: Retirement Plan Basics
Your employer’s retirement plan is a defined contribution plan designed to help you finance your retirement. Federal and sometimes state taxes on your contributions and investment earnings are deferred until you receive a distribution from the plan (typically at retirement).
Participant Corner: Budgeting for Retirement
Budgeting for your retirement is a bit of a guessing game however clarifying your goals and expectations will make it easier.
Participant Corner: Four Tips for Increasing Your Retirement Dollars
Four Tips for Increasing Your Retirement Dollars Historically, investors with a financial professional have tended to “stay the course”, employing a long- term investment strategy and avoiding overreaction to short-term market fluctuations. A financial professional also can help you determine your risk tolerance and assist you in selecting the investments that suit your financial needs…
Participant Corner: Retirement Plan Check-Up
Retirement Plan Check-Up It is important to conduct regular check-ups on your retirement plan to make sure you are on track to reach your retirement goals. Below are a few questions to ask yourself, at least annually, to see if (and how) they affect your retirement planning. Review the Past Year Did you receive a…
Retirement Times – August 2020
It’s That Time Again! Back-to-School for Fiduciaries!Can you hear the bells ringing? It’s that time of year to review your to-do list of fiduciary responsibilities. Ask yourself the following questions to make sure you are on top of your responsibilities and liabilities. Many fiduciaries are unaware of their fiduciary responsibilities or do not understand them.…
Retirement Times – July 2020
Are Your Participants Experiencing Fee Imbalance? Subsequent to the 2012 implementation of ERISA fee reporting regulations, the Department of Labor (DOL) began to consider the appropriateness of the allocation of plan fees among participants.