Retirement Plans:Final Episode 4-Be a Better Steward

Episode IV: Act Now: Adjust if needed; Enhance for Excellent Financial Fitness What’s The Next, Best Right Step? So this is something that my dad used to say.  (The whole gist is) “There is no such thing as THE RIGHT answer.”  The answer is different for everyone-especially when it comes …

Retirement Plans: Episode 3 (A 4 Part Educational Series for Companies)

This is a 4 part educational series covering Retirement Plans in companies and suggested items to consider when building or enhancing a sponsored plan.  In the Episode I, we covered reasons that you are using or running a retirement plan. Read that article here. In Episode II, we go over …

Retirement Plans: Episode 2 (A 4 Part Educational Series for Companies)

Episode II: Risks, Reasons and Relief What are the potential risks if you don’t have a proper retirement plan design?  Well, proper plan design is everything.  It dictates who can participate and when.  It identifies what everyone is entitled to and what everyone who is eligible needs to do.  It …

Retirement Plans: Episode I of A 4 Part Educational Series for Companies

Episode I: Why do you have a Retirement Plan? There is a lot of talk these days about Retirement Plans, 401k plans, defined benefit plans, cash balance plans and how and why to use them!  What are the fees, why you are paying fees, what the Department of Labor is …

Five Considerations When Saving For College & Retirement

With growing families, the most frequently asked question is, “Should I save more now for college or retirement?” This answer is complicated and heavily relies on your family’s situation, but here is how I answer in most cases. Consider this: Ray Franke, a professor of education at the University of …