Category: Retirement Planning

One can invest wisely and save for their retirement assets, yet all their efforts may go to waste if proper steps are not taken to ensure those assets will go to the intended beneficiary upon their death. It is therefore essential to regularly review beneficiary designations in all retirement plans in order to stay current.…

Jonathan is an industry expert specializing in fee benchmarking, fiduciary compliance and participant outcomes in retirement plans. He works with both large plan sponsors as well as smaller family offices ranging from plan sponsors with multiple plans to family offices with only a single plan. Jonathan graduated from Julliard school with both Bachelors and Masters…

As part of an overall compensation package, retirement plans can help pastors and church employees save for the future while recruiting new staff. But choosing which plan to offer and how much to contribute may be challenging; especially with regard to 403(b)(9) plans specifically created for churches and 501(c)(3) organizations. There are so many providers…

Around 20% of American Baby Boomers do not have children and live alone or plan to retire alone without spouses, adult children, or close friends. This population – including Jewish Boomers who chose career advancement or fulfilling other passions instead – must devise an action plan in order to live a meaningful retirement life. Like…

Jacksonville, Florida provides its residents with many opportunities for investing and financial growth, but due to complex tax laws and real estate market fluctuations it can be challenging for individuals to create an effective plan on their own. A wealth manager can assist individuals by helping navigate these complexities and developing personalized investment strategies tailored…

An advisor provides individuals and businesses with a range of financial advisory services, from retirement planning and investment management, estate planning, tax preparation, to tailored advice and guidance aimed at reaching financial goals. An advisor in Bradenton can also specialize in agricultural sector. Bradenton, Florida lies along the Gulf of Mexico and boasts numerous breathtaking…

Reaching the retirement lifestyle you have envisioned requires saving enough money to cover living expenses and any goals set for yourself during retirement. Working with a retirement planner madison can ensure you will have enough income during retirement. Local financial professionals possess an in-depth knowledge of local economic conditions, legal requirements and industry issues –…

No matter your retirement plans, most experts agree that replacing 70-100% of pre-retirement earnings is essential to living the retirement you envision for yourself. That means saving enough during your working years to cover all your wants and needs after retiring – an intimidating prospect but achievable with just a few simple tips! You’ll soon…

At different points in one’s life, retirement planning will receive increasing emphasis. At first, this may simply involve setting aside enough money for retirement living costs; later it could include setting specific income/asset targets and taking steps toward reaching them; finally once retired it can mean making sure decades of saving will pay off. Finding…

Vanguard may be your best 401(k) option if you work at Kaiser Permanente and seeking an employer-sponsored 401(k). With its vast range of research tools such as side-by-side comparisons and historical charts that track fund performance, Vanguard allows employees to research funds easily with tools such as side-by-side comparisons and historical charts that monitor fund…

As Chicago Public Schools (CPS) continues to experience cash outflow, tradeoffs between student needs and pension costs are becoming more apparent. CPS faces declining enrollment numbers, rigid labor costs and growing legacy retirement costs that threaten its viability. CPS’ actuarially required pension contribution has reached approximately 40% of operating revenue and continues to rise, due…

An IBEW retirement is often the primary financial goal. Your union has made significant investments in your future through pensions and other savings plans; but to fully realize its benefits, you must contribute. To maximize the effectiveness of an ibew retirement plan. Unfortunately, since 1980 the percentage of Americans covered by defined benefit pensions has…

S corporation owners face a unique set of difficulties when it comes to retirement planning for themselves and their employees. They must manage both individual retirement savings goals as well as employee needs while dealing with Subchapter S of the Internal Revenue Code in an effective manner. Here we explore some popular options for S-corp…

At&t Retirement Savings Plan is an invaluable asset for employees aiming to secure a prosperous post-AT&T life. Employees can utilize it to set aside part of each paycheck into tax-deferred savings accounts that can grow for future use; however, its many options can be confusing and lead to indecision among workers looking for ways to…

Co-op employees traditionally have enjoyed access to well-defined pension plans that allow them to save for retirement while earning an income during their golden years. Co-op retirement plans offer unique value, yet are gradually being phased out from private sector options such as 401(k)s or personal savings accounts. Cooperatives aim to foster sustainability and longevity,…

Apple provides employees with a comprehensive benefits package designed to promote employee health and financial development, as well as help prepare for retirement. Their benefits program stands out among tech industry competitors by including services to aid employees. Apple’s 401(k) Plan All new employees are automatically enrolled into Apple’s 401(k) plan 30 days after starting…

Making plans to ease your loved ones’ transition after you pass can help secure their future and protect their financial interests after your passing. This is particularly applicable when it comes to workplace retirement accounts governed by ERISA such as your 401(k) and pension plans; when choosing beneficiaries you must also keep in mind not…

International retirement plans have become an increasingly popular choice among multinational employers as they look to meet the needs of employees who don’t have access to benefits available in their home country. Yet despite this popularity, these plans come with significant tax compliance requirements which must be managed. Many American expatriates benefit from participating in…

New Orleans may be a major metropolitan area, but it still retains its unique charm and character. Offering an easygoing lifestyle and relaxed pace of life, New Orleans provides families an ideal location for starting their retirement savings plan and reaching long-term financial success. A financial advisor can assist a family in creating a comprehensive…

As baby boomer law firm partners approach retirement age, many law firm partners are considering how best to ease into or transition their practice. Some will sell or transfer it, while others may close altogether; whatever their choice, tax considerations must always be taken into account for all options. With the right legal tax planning…

As you approach retirement, it’s essential that you begin setting financial goals and revising your savings strategy accordingly. Consulting a professional who specializes in retirement planning may help create customized strategies tailored specifically to meet your unique requirements while mitigating risk and making sure that assets can work for you both now and into the…

Mount Sinai boasts an extensive team of medical specialists and research facilities, from primary care physician offices and specialist physician practices, multi-specialty centers, home healthcare support and hospice services, cardiac/vascular programs; oncology treatment centers; transplant surgery programs as well as state-of-the-art imaging centers featuring 3T MRI technology to comprehensive outpatient clinical laboratories – not to…

Services provided through retirement plans help your employees take control of their financial future and build greater confidence and productivity in themselves and you. Our retirement professionals can assist in designing a program to maximize employees’ chances of retiring comfortably. Investment option selection and monitoring are essential in helping your employees realize their retirement goals.…

Retirement planning involves many moving parts, so many individuals enlist the advice of financial professionals who have earned professional designations to demonstrate their expertise. Such designations give clients confidence that they have someone on their team who understands the complexities associated with income planning, investment strategies, and regulatory compliance that will provide assistance when needed.…

Cummins Retirement Plan Establishing a savings and investment plan is essential to ensure that your retirement income will last throughout your lifetime. Starting early matters; compound interest can make an immense difference over time. Furthermore, increasing contributions is critical, particularly given rising healthcare and inflation expenses. An integral component of any comprehensive financial plan is…

Employers of all sizes offer their employees various forms of benefits. Some programs, like retirement plans and group medical insurance policies, are formal while others such as company cafeteria plans or vacation allowances may be more informal arrangements covered under ERISA (The Employee Retirement Income Security Act of 1974, as Amended). ERISA establishes rules and…

For an enjoyable retirement, your finances must be in order. In order to do that, it’s vital to start saving as early as possible – the earlier, the better! Compounding allows your initial investment to grow over time while you reinvest the interest back in for even greater gains in returns. As part of your…

Schererville is an established Chicago suburb renowned for its safety, top-rated public school district, and sense of community. Additionally, this community offers many financial planning services which enable residents to build wealth and achieve their goals. Social Security alone rarely suffices in retirement so supplementation must come from personal savings – however this may seem…

Retirement Planning Pasadena CA is essential for anyone hoping to live an enjoyable and healthy retirement years. A financial advisor can assist with many different issues such as budgeting, saving, investing and estate planning; in addition they may assist with navigating California’s complex tax laws as well as offer advice about buying/selling real estate in…

Kohler Co has reached a preliminary settlement in a lawsuit alleging its pension plan is shortchanging retirees. They will pay higher monthly retirement benefits to class members in exchange for agreeing to change how it calculates benefits in future; however, approval by the court is necessary before finalizing this agreement. Kohler Co has used mortality…

P&G Employee Profit Sharing Trust (PST) and 401(k) Savings Plans offer employees generous, well-diversified, low cost investment opportunities with P&G stock as its focus – however they pose elevated concentration risk should they decide to leave the company. Navigating a separation package or early retirement offer with confidence can make all the difference – that’s…

Personal retirement simulator plans (PRRSs) are financial instruments created specifically to save and invest for retirement, providing tax benefits and flexibility when it comes to contributions. Any person can sign up, without being subject to any regulations that prevent them. They allow you to have a safe retirement with all expenses covered such as housing,…

Cash balance retirement plan calculators allow participants in cash balance defined benefit pension plans to calculate the estimated total account value at retirement for participants enrolled in these hybrid retirement plans, which combine features of both defined contribution and traditional defined benefit pension plans. Such plans can be an ideal solution for small businesses that…

Most people recognize the significance of retirement savings as part of their overall financial strategy. Depending on how many assets a person accumulates and for how long they live, retirement accounts could form the bulk of their wealth. Therefore, it’s crucial that individuals carefully consider their options for dispersing assets upon death – usually by…

Are You Wondering If Opers is a Good Retirement Plan?? That depends on what your goals are. OPERS offers three plans that may help you meet these objectives, each of which has unique benefits and requirements; we suggest consulting your HR representative or retirement specialist prior to selecting one of them; you could also check…

As a CPA financial planner, you understand the significance of retirement planning to your clients’ long-term financial health. While you have likely assisted them with some aspects of this process, there may still be key aspects worth discussing with them. Tax laws are ever-evolving, making staying up-to-date essential if your clients want their retirement savings…

Kaiser Permanente retirement plans offer many advantages to help you prepare for retirement, from tax breaks and flexible investment choices, to tax advantages. But choosing where and what to invest can be daunting when you don’t understand the industry well. Kaiser Permanente’s 401(k) retirement plan established with Vanguard Asset Management is a multiemployer defined contribution…

As people reach retirement age, they may discover their children have moved out and wish to downsize into a smaller home. An empty-nester house plan may help reduce homeownership costs while offering features retirees may appreciate such as easy access to kitchen and laundry areas, cozy fireplaces and spacious front or back porches. House plans…

Michigan Baby Boomers are fast approaching retirement age, and a new resource from the University of Michigan aims to assist them in making informed choices regarding when and where to retire. Called Retirement Planning & Thrive, this tool helps individuals compare various strategies for optimizing post-work lives while offering guidance on both financial and non-financial…

Credit unions offer their members invaluable help on the path toward financial security in retirement. By offering competitive interest rates, low-cost retirement accounts, and financial education initiatives – credit unions offer services which can assist individuals in creating a comprehensive savings strategy for their golden years. Credit unions can help their members save for retirement…

One in four Americans don’t have a retirement plan or savings, while those who do struggle to save enough. Average annual interest returns on bank savings or the stock market range from only 0.5%-3% annually; which is why Oasis Financial Solutions provides comprehensive 401k participants with comprehensive financial planning and investment management services that have…

Financial planning is crucial to your retirement success, and an expert wealth manager can offer invaluable expertise and guidance towards meeting your financial goals. From retirement savings plans and major purchases savings accounts to debt management assistance services, an experienced financial planner is there to make sure that money makes its best possible impactful impact.…

For retirement planning in Wilmington, it is essential that you select an expert who can create a comprehensive financial plan. Financial planners, wealth managers and investment consultants all can assist with helping you meet your goals and maintain stability for years ahead. They may even provide insight into which investments may work best in your…

The Salvation Army is an international movement founded on Christian principles that preaches Jesus’ gospel while meeting human needs without discrimination or bias. At its Divisional Headquarters, there are career opportunities in Property Management, Finance/Accounting, Human Resources Development/Fundraising as well as Social Services Volunteer Management; please visit their Careers page for more details and discover…

As lawyers approach retirement age, it’s vital that they create a plan for transitioning. A law firm retirement plan can assist. An effective attorney retirement plan can assist with recruiting and retention efforts while offering tax savings to your firm. Furthermore, it allows partners to save significant sums before having to withdraw from their partnership…

Employer-sponsored plans offer many attractive features for the average worker when it comes to retirement savings: higher contribution limits, reduced investment management fees and legal accountability provisions are just a few benefits they offer. They’re even protected against creditors in bankruptcy unlike individual retirement accounts (IRAs). But while these workplace-based accounts provide numerous advantages, beneficiaries…

Retirement Planning in New Orleans is an integral component of planning for the future, as it involves determining how much money you’ll require in retirement and creating strategies to maximize savings. Seek advice and guidance from a financial advisor when it comes to this aspect, as they can assist with Social Security and Medicare matters…

No matter where you are on your financial journey, it is crucial that you consider how secure your future will be financially. Spending more time reflecting on this issue will increase your odds of achieving your retirement goals more successfully. If needed, seek help from a financial services professional who can assess your current position…

Retirement planning is essential to creating an enjoyable and satisfying post-work life. As traditional pension plans become less widespread and Social Security remains uncertain, proactive retirement planning has never been more crucial. Here are 5 reasons why it’s so essential to set yourself up with an effective retirement plan: 1. It Can Save You Money.…

ERISA establishes clear rules and guidelines for employer-sponsored retirement plans, imposing fiduciary duties upon anyone managing investments or making benefit determinations. As part of these regulations, plan participants must also carefully consider who they wish to receive the proceeds of life insurance or retirement assets after their death. ERISA covers virtually all employer-sponsored pension and…

Financial professionals achieving retirement plan designations are an incredible testament to their expertise. Their clients trust them with planning options for their golden years. Broker-dealers may certify an advisor took an afternoon course before being eligible for this specialist title; industry leading organizations require substantial experience, demonstration of expertise and rigorous continuing education before being…

Mount Sinai’s physician-in-training program offers residents and fellows an annual stipend, housing allowance, insurance, health care benefits, retirement savings savings plans, education and training benefits and many more generous advantages. Our compensation policy has been created with this goal in mind to ensure they have all of the resources they require to do their work…

An effective retirement saving plan can make the difference between retiring with confidence and dignity or struggling in your later years. Unfortunately, too many Americans either don’t create or stick to their plan for saving for retirement; at heartland retirement plan services we strive to empower our clients so that they stay on course towards…

An effective retirement plan combines various income sources into a consistent stream, from Social Security benefits and pensions, annuities, and tax-exempt investments – and an effective wealth manager can assist with managing them and planning for the expenses ahead. Retirement Planning San Antonio firms can help you set long-term goals and create an investment portfolio…

Top Hat Retirement Plans (THRPs) are non-qualified deferred compensation plans designed to enable key executives to defer a portion of their income into a tax-deferred account, similar to the 401(k). They don’t, however, typically have contribution and investment limits similar to 401(k), making these plans ideal for providing incentives to stay with one company longer…

Established in 1941, the Army and Air Force Exchange Service Trust manages retirement benefits for employees of AAFES (Army and Air Force Exchange Service), the retail store on U.S. Army and Air Force installations worldwide. AAFES employees who work 500 or more hours each year qualify for its retirement plan funded by employee payroll contributions…

Schererville is situated 45 minutes west of Chicago and known as the “Crossroads” due to the intersection of Indian trails in 1846. Today it boasts an active economy consisting of manufacturing and healthcare industries as well as a significantly lower crime rate than both national and state averages – providing seniors a great environment to…

Cummins retirement plans are an essential component of overall financial well-being. No matter where you stand in life or retirement, always think ahead when making plans to maximize the use of savings and investments. One effective approach to doing this is creating and adhering to a comprehensive retirement plan; hopefully this should be updated regularly…

Concordia Plans is a full-service benefits administrator dedicated to serving LCMS ministries and workers so that God’s word may spread further. We offer retirement, health, disability, survivor and ministry admin solutions to over 170 organizations within LCMS worldwide. Concordia Plans understands the difficulties LCMS ministries have in offering an attractive retirement benefit package to their…

Jacksonville Retirement Planning Florida experts can offer guidance to those who want to maximize the use of their savings, investments and assets in retirement. A financial planner can assist with creating a plan, identifying current cash flow issues and setting goals – not to mention tax deductions and regulations, which can often be confusing issues…

The Railroad Retirement Board (RRB) administers Medicare benefits for many former railroad workers. RRB Medicare differs from regular Social Security Medicare in several ways; eligibility requirements must be fulfilled to be eligible, premiums are often deducted directly from wages rather than being invoiced separately and any questions about its operation should be directed towards your…

Employee engagement can be greatly improved through offering retirement plans to your staff. But managing and administering such plans can be extremely complex; they involve multiple steps and procedures involving depositing contributions and filing required reports with the government. It may be impossible for small business owners to handle all these administrative duties themselves; here…

An effective retirement plan is critical for ensuring you will have enough funds in retirement. Setting financial goals will allow you to increase the return on your investments, which is particularly vital when taking into account market fluctuations and inflation. Our team of expert advisers possess in-depth knowledge of Australia’s market environment, so they can…

Are You an S Corporation Owner Looking to Maximize Retirement Contribution Plans? A complex issue must be taken into consideration, taking into account employee needs as well as Subchapter S of the Internal Revenue Code requirements. Small business owners represent an array of goals, needs and abilities; therefore it is imperative that retirement planning for…

Real estate agents face unique retirement planning hurdles that require a careful, tailored approach. Their income relies heavily on commission-based compensation, they don’t receive employer-sponsored retirement plans and market conditions can fluctuate drastically; consequently they must create plans tailored specifically for themselves and their individual goals. Real estate careers can bring many rewards; flexible hours…

Gainesville offers its residents many activities. From the University of Florida and top employers to major highways, there is something for everyone here. However, many individuals struggle to save enough for retirement; thus they may require the services of a Gainesville retirement planner in order to safeguard their financial futures. Luckily, Gainesville boasts numerous wealth…

As a dentist, you may enjoy many perks–from high salaries and stylish white coats to the potential of financial security for yourself and your practice. One challenge often faced by self-employed individuals such as dentists is retirement planning – to ensure they can retire comfortably and live comfortably throughout their later years. Luckily there are…

401(k) plans are an essential element of many retirement savings strategies, yet can be complex to navigate and require a thorough knowledge of IRS regulations, as well as proactive planning to avoid unintended tax consequences and penalties. From managing contributions, employment changes and loans/RMDs management decisions can have huge ramifications on your financial security. Costco…

Church employees such as secretaries, organists, education directors, custodians and office managers serve their congregation without retirement plans being provided to them. Giving these key employees access to such plans would show both fairness and appreciation. Churches and other 501(c)(3) organizations can make nontaxable contributions to retirement accounts through Section 403(b) of the Internal Revenue…

Sprint employees have an exceptional opportunity to maximize their retirement savings without incurring extra tax consequences. You can take advantage of what’s known as Mega Backdoor Roth to invest in up to five times their regular 401(k) contribution directly in a Roth IRA — this strategy may not be ideal, but according to IRS rules…

Kohler, the plumbing product and cabinetry maker, is being sued by retirees alleging underpayment. A lawsuit filed on Tuesday in US District Court for the Eastern District of Wisconsin alleges that Kohler uses out-of-date life expectancy data when calculating pension benefits of workers opting for pension plans that provide post-death payments to their surviving spouses.…

Since the 1980s, retirement savings have experienced radical shifts. With the decline of defined benefit pension plans and increase of 401(k) plans, many have struggled to save enough for retirement. Furthermore, family structure, longevity and cost of living changes have further complicated these efforts. Luckily, retirees can make educated choices regarding how they want their…

Preparing to live out your retirement dreams in Albuquerque can be exciting, yet planning is vital to ensuring a prosperous retirement lifestyle. Consulting a financial advisor is vital in developing an approachable plan tailored specifically to your unique lifestyle needs and goals. Working with an advisor to prepare for retirement or already living your golden…

Fifteen million American baby boomers aged 50 or older without children are facing an uncertain retirement scenario, yet have no children of their own to care for or provide emotional support to. What this means for them and society alike cannot be ignored. The potential effects on both individuals and society may be significant. Sara…

An effective retirement plan provides the framework for living comfortably once you retire, from gathering enough savings for future expenses and goals, to how you’d like to spend your free time during retirement, including where and when. Financial advisors can be an invaluable asset when it comes to retirement planning. They can guide important decisions…

If you’re a retired educator who was previously covered under TRS healthcare plan, dental coverage through it may have been provided at a considerable expense. Once on Medicare however, much better coverage can be had at much less expense – many Medicare plans even feature $0 monthly premiums and often offer greater advantages than TRS-Care…

Cooperatives provide their employees with retirement benefits in addition to business services. A co-op retirement plan, similar to 401(k), offers members a monthly pension when it’s time for them to retire, with its amount determined by both years served and average wage rate over that time period. Cooperatives often provide retirement benefits, as well as…

Group retirement plans offer you and your employer an effective way to save for retirement together. Contributions made to a group plan are pooled together and invested in an account administered by the plan administrator; matching contributions may even increase how much is saved towards meeting retirement goals. Group retirement plans do not impose taxes…

At a time when wages, healthcare costs, and retirement plans have reached crisis proportions nationwide, IBEW members and their employers have come together to form a safety net in order to weather this economic storm. Through paycheck contributions made directly into their retirement system by these workers, these workers have created a future-proof retirement system…

Many pastors, like most Americans, are planning for retirement. When asked how much they have saved or set aside in their retirement plans, 21 percent responded “nothing”. This figure indicates too many are failing to take adequate steps toward making their transition smooth and fruitful. Pastors can build substantial retirement funds through tax-deferred retirement plans.…

Procter & Gamble employees rely on their retirement plans at Procter & Gamble as a cornerstone of their financial security, yet as the company strives to innovate and grow it may make changes to these plans over time. Staying current on these updates allows you to leverage your assets more efficiently while taking full advantage…

Investments and taxes can be an attractive way to save for retirement, such as saving through investments and taxes. But could there be another route free from such expenses? Yes – that would be what’s known as personal retirement planning. Personal Retirement Simulation plans provide an ahsoration strategy designed to increase your financial certainty in…

Scottsdale is a vibrant city offering many things to do. From exploring McDowell Sonoran Preserve to enjoying Old Town Scottsdale, this city has something for everyone. Landmarks, major highways and streets, top employers and landmarks make Scottsdale one of the top retirement destinations nationwide; yet in order to experience a successful retirement here it is…

As far as retirement planning is concerned, there is no simple formula or milestone dollar figure you should have saved before hanging up your dental handpiece for good and welcoming the last patient into the operatory. Each clinician’s personal circumstances play a huge part in how much income is required during retirement – for instance,…

Many people ask whether OPERS is an adequate retirement plan; the answer to that depends on your personal circumstances. OPERS provides retirement income and benefits for Ohio public employees who choose membership; unlike Social Security, your contributions are invested by OPERS instead of going directly into Social Security when you retire; instead OPERS invests them…

As a small business owner, a cash balance retirement plan may help you save more than the standard 401(k). Since these types of defined benefit plans differ from traditional pension plans in their contribution limits and structuring, working with an advisor from Fisher can help determine whether this tax-advantaged strategy makes sense for your goals.…

Retirement opens up an exciting chapter in life, yet many struggle to navigate the transition successfully. Planning ahead and consulting financial professionals before taking the leap can make all the difference – this workshop can teach you how to prepare and cover topics such as managing withdrawals, tax strategies and creating a budget to manage…

Finding a financial advisor or planner near you to help strategize spending, earnings and investments to address financial obstacles, meet goals and fulfill life ambitions can be daunting task with hundreds of advisors nearby and an overwhelming array of credentials, certifications and firm associations to review. Paladin Registry makes this easier by matching you with…