Category: Employer 401k/403b

Retirement Planning Changes Coming in 2020

3 Minute Read The SECURE Act was officially passed in congress last week, putting into law the most significant changes in retirement planning in years.  I will be discussing any applicable planning items with each client at their next review meeting.

GE freezes pension and offers buyouts

2 Minute Read The conglomerate GE took steps earlier this month to shore up their retirement program by freezing the pensions of 20,000 existing employees and offering buyouts to 100,000 former employees who have yet to start collecting their benefit.

Starting a Small Business Retirement Plan

Starting a retirement plan for your business can have positive tax and savings impacts for both employers and employees.  Choosing the type of plan that best suits your business will depend on the size of your business, and the amount you would like to… Continue Reading “Starting a Small Business Retirement Plan”

What is a 401(k) Analysis?

When meeting with clients, I always ask about their 401(k) plan and exactly how it works.  Many are familiar with the basics; they are investing X percentage of their pay, their employer is matching Y percentage, and they are invested in a portfolio that… Continue Reading “What is a 401(k) Analysis?”

You maxed out your 401(k), now what?

  First of all, congratulations to those of you who are able to put the max allowable into your company sponsored retirement account!