If you are small business owner, and you have part time employees, you might have heard that you need to start 401(k) planning this year. In late 2019, the U.S. Congress passed the SECURE Act, which will change the way Americans save and plan for retirement –...
Every year, things change when it comes to 401(k) plans. For plan sponsors, the end of the year or start of a new year is the perfect time to check out the changes and make sure you are in compliance. In 2020, there are a few things every plan sponsor needs to know...
Good news for people who plan on adding to their 2020 retirement savings accounts: There are new limits – and they are increasing! The U.S. Treasury Department has announced that 401(k) contribution limits are increasing, while traditional IRA contribution limits will...
You work, you save and you study the market: The fact is, most Americans have to be in charge of their own retirement savings plan. So, are you acting in your own best self-interest? Or are you your own worst enemy? Most of us aren’t financial professionals, but the...
It’s a dream for most Americans, but early retirement can be a reality! Cashing out, quitting your job, spending your days on a beach. Early retirement sounds great, right? Right! But for many people, especially those in the millennial generation, early retirement...
The start of a new year is a great time to take a hard look at your 401(k). What are you doing? How much are you saving? How can you do more to prepare for a stable and happy retirement? And, you should be taking a hard look at avoiding some simple mistakes that could...
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