As you travel the savings road toward retirement and beyond, certain key dates will pop up. Some of these dates are critically important to your retirement planning efforts. Taking the right retirement planning steps as you reach each of the following age milestones...
The CARES Act waives RMDs in 2020 so that individuals and beneficiaries are not forced to take distributions from their retirement savings when their account balances are significantly lower than they were at year-end 2019. The waiver applies to defined contributions...
On March 27, 2020, in response to the COVID-19 global pandemic, Congress passed the Coronavirus, Aid, Relief, and Economic Security (CARES) Act. This is historic and sweeping legislation created to help keep workers paid and employed, allow businesses to remain...
In recent months, we’ve experienced some of the most impressive swings ever in the U.S. stock market. Naturally, this kind of rollercoaster ride causes participants concern. It’s more important than ever during times of volatility to remind them of the reasons to...
Here's what is important to consider when reviewing stable value options for retirement plans. Stable value funds have long been a fixture in defined contribution plans, with more than $800 billion in assets and a large majority, 75% of DC plans, offering them as an...
Find areas in your budget that you may be able to live without. Here are 10 quick and easy ideas for generating an extra $250 a month that can be used to pay down debt or redirect to your retirement savings: Savings Idea / Minimum Monthly Savings Cut out the boutique...
Can I retire now?” used to be something you’d expect a 55-year-old to ask. But now, young, high-net worth individuals, in their 40s or even younger, might be thinking about the same thing. Here’s the challenge: Assumptions used in traditional retirement planning don’t...
Move over, Florida. Mountaintop hideaways, tropical islands, seaside fishing villages and country villas are luring more Americans beyond the comfortable borders of the United States. The falling cost of international travel, the widespread adoption of technology, and...
Before anyone can embark on building a practical road map to financial security, everyone needs to understand five key risks that can potentially derail a lifetime income plan. Many people counted on Social Security and pension benefits to cover their retirement...