The IRS Increases the Amount that can be Saved for Retirement in 2019
The IRS released the cost of living adjustments for various retirement plan limitations that will take effect on January 1, 2019. The 2019 and prior year limits are as follows:
Potential Market Impacts of the Midterm Elections
The potential outcomes of the midterm elections have been dominating the news cycle lately, and we know from history that the markets typically do not like uncertainty. With the Democrats taking control of the House of Representatives, and Republicans maintaining...
Year-End Planning: Investment Decisions to Make Before the Year Is Over
What's on your end-of-the-year to-do list? Shopping for gifts? Making travel plans? What about spending some time with your investments? Conducting a review and making important decisions before 2017 comes to a close may help you lower your tax bill and get your...
Plan Sponsors Ask…Q: Our soon-to-be-retirees are sometimes unclear about how their finances will actually look in retirement. We are offering them financial wellness information, but it made us wonder about what we can learn from the Baby Boom generation’s actual retirement experience?
That’s the topic of an Insured Retirement Institute (IRI) annual survey and report, now in its eighth year. While the survey indicates a generally positive financial picture for current Boomer retirees, many are not confident with their preparedness. Fifty-eight...
Sizing Up Stocks: All About Market Caps
For investment purposes, companies generally can be categorized in one of three broad groups based on their size, large-cap, mid-cap and small-cap. “Cap” is short for market capitalization, which is the value of a company on the open market. To calculate a company's...
Health Savings Accounts vs. Flexible Spending Accounts
While there is no shortage of strategies to consider, Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs) are two vehicles that can help individuals pay for their medical costs. With annual health care expenses coming in at more than $10,000 per...