Social security is a complex issue, one that for obvious reasons grows more important as we approach retirement age. While all working people are aware social security exists and they pay into it in various ways, there are a great many of us who don’t fully understand how it works….
Employee engagement is the biggest challenge for businesses of all sizes. One issue is many companies are saddled with employees who feel trapped. You need a workforce of eager employees, excited by the challenges and mission of your company. One way to increase employee engagement is by offering strong financial…
Every parent and grandparent want the best for the next generation. For most young people, a college education is an essential foundation for a financially successful life. But your child’s college education could be economically ruinous without proper planning. Costs of Your Child’s College Education Forbes has reported that the…
You want your employees fully engaged with the mission of your company. For your employees to do their best work, they need to be focused. One way you can help your employees is by taking away one of the most one of their most significant worries—planning for their retirement. You…
Setting up and contributing to a retirement account is a critical first step towards becoming financially independent. But what do you do with your retirement account once you have it? How often should you check your balance? Like most retirement questions, the answer depends on how close you are to…
Every year a new retirement study is released, and every year the highlights are the same. People are not saving enough for retirement, and the older people get the more stressed they become about being able to afford to retire. Businesses have a unique opportunity to help reverse this decades-long…
What do employers need to know about retirement plan fees? Employees are becoming more sophisticated when it comes to their retirement benefits. The fees your plan charges your employees may hurt your ability to attract top talent in the future and can even increase employee turnover. Retirement Plans as a…
See below 3 ways that may help married couples boost their lifetime benefits: A couple with similar incomes and ages may want to consider maximizing lifetime benefits by both delaying their claim. For couples with big differences in earnings, consider claiming the spousal benefit which may be better than claiming…
Saving for the future takes commitment and patience. The results are clear when you look at people who have been invested in their 401(k) for over a decade… Click on this link to see an illustration on how much your 401(k) can grow over a 15-year period
There are many benefits to marriage, but one you may not yet have considered is the flexibility married couples enjoy when deciding how and when to claim Social Security. Even though the basic rules apply to everyone, a couple has more options than a single person because each member of…
For much of the last decade, inflation has been low by historical standards. But, recently, wage growth and higher prices have sent signs that inflation may be making a comeback, serving as a reminder of the risks that come when the buying power of a dollar falls. Such risks always…
You saved for years to get to retirement—contributing to a traditional 401(k) or IRA. Now it’s time to dip into those savings—even if you don’t really need to. Because you got a tax break when you contributed to these accounts, once you turn age 70½ the IRS requires you to…
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