Don’t Raid Your Retirement Savings!
Unfortunately, 401(k) hardship withdrawals are on the rise—here are 3 alternatives in order to avoid borrowing from your future self. Read more from Ivana Pino here.
Picture’s Worth A Thousand Words
Want a visceral illustration of the impact of compound interest? Check this out!
The Time Is Now!
Remind Your Clients To Defer The Maximum To Their 401(k) Plans
To help your clients realize their biggest possible tax savings (as well as to increase their retirement savings), there is no better time than the present to remind them that they should maximize their deferrals to their 401(k) plans. December 31, 2022 is the last day to do so for 2022, so there’s no time to delay! Deferral limits for 2022 are $20,500 with an additional $6,500 for those aged 50 or older.
Taking The Emotion OUT Of Investing
It’s natural to feel a roller coaster of emotions as the stock market rises and falls. After all, you’re investing money in the market to save for your future. Read More »
Yes, We Are In The Dog Days Of Summer, But It’s Time To Think About The October 1st Safe Harbor Deadline!
Make Sure Your Clients Don’t Miss Out On Significant Tax Savings!
Act now to establish the plan by the October 1st deadline!
While we’re deep in the summer heat, Fall is just around the corner, and so are the Safe Harbor Plan deadlines. Safe Harbor 401(k) plans are the most popular type of 401(k) used by small businesses today because they offer small business owners many advantages.
If they’re still on the fence about starting a safe harbor 401(k) plan, share these benefits with your clients: Read More »
There’s Good News…And Bad News
All the messaging about putting money early into retirement accounts seems to have made a dent. Millennials are putting money into retirement accounts nine years earlier than their baby boomer parents did, according to a new study. The bad news? Because they have to. Read more from Suzanne Woolley.
