Past Wars and Long-Term Market Performance Since the dawn of time, war and conflict have been with us throughout history, bringing with them their own horrors and uncertainty. Stock markets… Read More
Protecting Your Assets Article
Insights
Essential Tax Tips for IRAs
Woe to the taxpayer who runs afoul of the numerous and confusing IRA rules. There are forms to file, contributions to make, distributions to take, and penalties to avoid. While… Read More
Retirees’ Retirement Asset Withdrawal Rate: Will Your Money Last?
For many years the investment advisory community has proposed that if retirees withdrew their retirement assets at the rate of 4% annually there is a high probability that assets would… Read More
Every Plan should have a Committee Charter and Here’s Why
Although not legally required by ERISA, a retirement plan committee charter is a very important document for plan governance that may help fiduciaries avoid potential liabilities. Committee Charters are one… Read More
What’s Your Take on Financial Wellness Programs?
A recent comprehensive TIAA survey of financial wellness plan participant perceptions may be helpful to plan sponsors who have, or are considering implementing, a wellness plan for their employees. Employees’… Read More
Retirement & Lifestyle Planning Article
Handling Market Volatility
Market volatility is scary. We get it. The last thing you want to do is lose a large portion of your nest-egg when you’re in the retirement red-zone. In this… Read More
Retirement & Lifestyle Planning Article
How to Avoid Scammers in 2022
It wasn’t that long ago when our money and assets were safe, or at least there was a high degree of perceived safety. Investment accounts were secured by SIPC insurance…. Read More
Retirement & Lifestyle Planning Article
Thanks for the Memories: Gratitude and Financial Wellness
So much about financial wellness has to do with cultivating a mindset that favors delayed versus immediate gratification. In the language of behavioral economics, the tendency to prefer short-term rewards… Read More
What is an appropriate interest rate for plan loans?
Both, ERISA and the IRS requires that DC plan loans reflect a “reasonable rate of interest”. DOL Reg Section 2550.408b-1 states that “a loan will be considered to bear a… Read More