Should You Refinance Your Student Loans?

Posted on Jun 10, 2019

If you’re struggling to pay down your student loans, you’re not alone. About 44.7 million Americans carry student loan debt, with an average monthly payment of $393.00[1] It’s a hefty sum, especially if you’re fresh out of school and not making a high salary. With an average debt balance at just under $30k, recent graduates face years of payments and as a result, may postpone marrying, buying a home or other large purchases, saving for retirement, or starting a business.

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When to Set Sail with Safe Harbor

Posted on May 30, 2019

Many company owners actively seek to maximize their 401(k) contributions each year. That’s a great goal, but it can be problematic if your plan fails to meet the nondiscrimination rules. Adding a Safe Harbor provision can confidently address this issue while providing important benefits to your company and employees.

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Social Media in the Workplace: Productivity Killer or Boost?

Posted on May 13, 2019

Social media is here to stay and it’s a normal part of life for most employees. Given this reality, employers can harness the advantages and lessen the risks by establishing and enforcing a clear and comprehensive social media policy.

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Financial Wellness Is Essential to Saving for Retirement

Posted on May 2, 2019

As a business owner, you know just how important debt management, credit card responsibility, and emergency funds are to a stable financial future, and at the same time, you’re likely aware of how difficult it is for many people to establish a plan to make this their reality.

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Defined Benefit Plans are Alive and Well

Posted on Apr 17, 2019

You’ve likely heard about a decline in the number of Defined Benefit plans. But the reality is a DB plan is still a great tax and retirement savings vehicle that can produce superior retirement outcomes for the right client. Are you one?

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The Cost of Aging: Are You Ready?

Posted on Apr 3, 2019

Navigating the maze of long term care options can be confusing, but planning far in advance, ideally with the help of professionals such as elder law attorneys, financial advisors, and geriatric case managers, can prevent a great deal of hardship later on.

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Cash Balance Plans Allow Six Figure Annual Contributions

Posted on Mar 28, 2019

Most people can contribute to their 401(k) without worrying about exceeding the annual contribution limit. If you’re under 50 years old, that’s $19,000 a year. If you’re 50 or older, it’s $25,000. But a small and important segment of the population has the ability– and desire –to contribute significantly more to their retirement account. If you’re looking to save even more on taxes and put up to six figures per year into your retirement account, a Cash Balance plan may be the right choice.

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To Roth or Not to Roth

Posted on Mar 13, 2019

A compelling feature of a 401(k) plan has always been the opportunity to contribute money from your current income on a pre-tax basis today - let it work for you over the years - and then pay taxes on the accumulated balance as you withdraw it in future.

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Steps To Take To Protect Your Investments

Posted on Feb 21, 2019

We are writing to alert you to the increasing national incidents of fraudulent activity with regard to 401(k) accounts and pension plans. Unauthorized distributions, loans, and transfers not only can wipe out employees’ life savings, but expose plan sponsors, administrators and their service providers to state and federal fines, lawsuits, and damage to a company’s reputation.

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Gen Z in the Workplace: Are Companies Ready?

Posted on Feb 8, 2019

Each generation faces challenges integrating with older generations in the workplace. Gen Z is no different in their quest for meaningful work that aligns with their values. Just as they have much to learn when they enter the working world, they also have much to offer. Exposed to the global marketplace at an early age, they tend to have an entrepreneurial streak and are open to new ideas.

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