• Taking a Loan from Your Retirement Plan = Bad Idea

Taking a Loan from Your Retirement Plan = Bad Idea

Why you should refrain from making this move. (And we’re not just talking about the move this guy in the picture is making!)  

Thinking about borrowing money from your 401(k), 403(b), or 457 account? Think twice about that, because these loans are not only risky but injurious to your retirement planning.

A loan of this kind damages […]

By |July 7th, 2015|Financial Article|
  • Changes in the Retirement Benefits Landscape

Changes in the Retirement Benefits Landscape

A rundown of the big & little alterations coming next year.

2015 will bring COLAs, changes & something new. Each year, the retirement benefits landscape looks a little different, and next year is no exception. Here’s a look at what will change, what might develop, and even what won’t change for 2015.

The 401(k) contribution limit expands […]

By |December 18th, 2014|Financial Article|
  • IRS Raises Retirement Plan Contribution Limits

IRS Raises Retirement Plan Contribution Limits

Roth & traditional IRAs won’t get 2015 COLAs, but other plans will.

A little inflation means a little adjustment. As the Consumer Price Index is up 1.7% over the last 12 months, the federal government is giving Social Security benefits a 1.7% boost for 2015 and lifting annual contribution limits on key pension plans as well.1

401(k), […]

By |November 11th, 2014|Financial Article|
  • fall financial reminders

Fall Financial Reminders

The year is coming to a close. Have you thought about these financial ideas yet?

As every calendar year ends, the window slowly closes on a set of financial opportunities. Here are several you might want to explore before 2015 arrives.

Don’t forget that IRA RMD. If you own one or more traditional IRAs, you have to […]

By |November 5th, 2014|Financial Article|

Who Is Your IRA Beneficiary?

Should you make a change to suit changing times?

Do you have an IRA or a 401(k)? You probably do. You may have both of these retirement savings accounts in your portfolio, or accounts that are similar.

While IRAs and 401(k)s are commonplace, many IRA owners and 401(k) plan participants have a hard time answering a […]

By |April 30th, 2012|Financial Planning|
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