The Democratization of Alternative Investments in 401(k) Plans
What should plan sponsors consider when examining alternative investments as an in-plan investment option? by Jessica Johanson, CIMA®, CRPS® What’s Driving DC Plans’ Interest in Alternatives? Although Defined Benefit (DB) plans have included alternative investments...
SECURE 2.0 One Year Later: What to look for in 2024
Last year, employers and retirement plan providers had to learn and understand the implications of new provisions, especially those effective immediately, including a change in the required minimum distribution age from 72 to 73 and that will continue to change to age...
Yes, You CAN Get Out of Debt
In America today, carrying some debt is unavoidable, and even desirable, for most households. But between mortgages, car payments, and credit cards, many Americans find themselves over their heads -- unable to dig out from under a growing debt burden that consumes an...
Retirement Plan Loans: Do They Make Sense for You?
Is there anything your 401(k) plan can't do? It allows for tax-deferred earnings in traditional accounts and tax-free earnings in Roth-style accounts. And traditional plans enable you to make contributions in pretax dollars, helping to reduce your taxable income. It...
Planning for the Cost of Higher Education
According to the Bureau of Labor Statistics, today's median bachelor's degree recipient receives $1,281 in weekly earnings compared to the $749 made by a typical high school graduate.1 Clearly, one of the best investments you can make for your children is an...
IRS 2024 Contribution Limits Everyone Show Know
Retirement plan contribution limits effective January 1, 2024, include: 401(k) Contributions Increased to $23,000 Catch-up: stayed the same at $7,500 IRA Contributions Roth: increased to $7,000 Traditional: increased to $7,000 Catch-up: stayed the same at $1,000...