Category: Employer Retirement

One of the many provisions within the SECURE Act that helps business owners, is the ability for companies to establish certain tax-qualified retirement plans beyond the December 31, 2020 deadline.  Previously, an employer had to adopt a workplace plan by the last day of the employer’s tax year.While employer contributions could be made after year-end,

The CARES Act, Section 2206 offers an opportunity that benefits both employees and employers. Until the end of this year, employers can pay up to $5,250 toward an employee’s student loans tax-free.

With retirement comes freedom and flexibility. But many people reaching retirement have a lot of questions and misgivings about the good times ahead. That’s why, while we take a financial assessment for a client’s retirement, I initiate discussion about their life plan moving forward. Here are some emotional challenges people don't always consider.

Did you know that the Number 1 reason retirement plan sponsors begin working with a financial advisor is because they have concerns about their fiduciary duties?

Like many depression era born workers, my father worked at the same company for nearly 30 year. Companies offered great incentives to stay through pleasant work environments, good benefits and pension plans.

Americans are gradually inching up their contributions. A significant factor to improved savings rates may be the automatic enrollment feature that nearly 60% of employers now use for their 401(k) plans.