…lost tax savings or retirement savings since they’re not optimized to their particular situation. Aligning retirement plan design with a client’s goals means to listen and assess what their true goals are and then present a range of ideas that can best deliver what they…
…opportunity for rank and file employees to participate while giving owners a more generous savings path. And don’t forget, the IRS provides all employees over the age of 50 the opportunity to make what are called “catch up” contributions. This might be the best named…
…each month, they won’t be able to contribute to even the best-designed plan. You know as a wealth management advisor just how important debt management, credit card responsibility, and emergency funds are to a stable financial future, and at the same time, you’re aware of…
Market volatility can sometimes cause us to make emotional financial decisions. That may not be the best strategy when saving for retirement. Join us as we discuss ways to help manage your investment strategy during times of market volatility, including: Evaluating where you are &…
…with us first to make sure this is the case for your client’s plan. Call on us any time to talk about optimizing profit sharing contributions or to have us share illustrations on how any of these methods may work best for a client’s situation….
…be 100% vested immediately. This is an optional plan provision and effective immediately. Plan sponsors should discuss with their plan advisor/vendors on how best to implement the mandatory plan provisions and whether to adopt optional provisions. For additional information and updates regarding SECURE Act 2.0,…
…position created a problem for plans that provided for increasing pay credits, e.g., a formula that provided a pay credit of 3% for the first 5 years of service, 4% for years 6-15, and 5% for years 16 and up. Those plans generally depend on…