When you think about retirement planning, do you think about investing in your health? When people plan for retirement, most think about the stock market, potential returns, and occasionally what their future retirement expenses might look like. And while it’s pretty easy to calculate future...
While most workers strongly support automatic 401(k) enrollment there are concerns that some employees resent automatic enrollment in 401(k) plans. This appears to have stopped some retirement plan sponsors from adopting automated features, even though most employees actually favor the programs, according to a study...
It's important to know your Retirement Plan Rollover Options for Non-Spouse Beneficiaries if you participate in an employer-sponsored qualified retirement plan, such as a defined benefit plan, 401(k) plan, employee stock ownership plan (ESOP), 403(b) plan, or 457(b) plan. You may have chosen a beneficiary to...
Currently, there are two popular Individual Retirement Accounts (IRAs) vying for your attention: the Traditional IRA and the Roth IRA. While both are long-term savings vehicles with tax benefits, each has different rules concerning contributions, age, and income that may change from one year to the next. Contributions Perhaps the biggest difference between...
You are busy dealing with life’s day-to-day issues. To you, retirement may seem like a long way off. But preparing now for your financial future is essential because what you do today regarding your retirement savings can help ensure a secure retirement tomorrow. Although time may be on your...
Should you be honest with yourself about your retirement income? Let's take a look. You gingerly sit on the exam table as the doc listens to your heart, takes some blood and pronounces you well. When the doctor leaves, you hobble out with your very broken...
