Core Principle Series – Scenario #3
Beth and her father’s land
Beth was surprised when the attorney called her. She and her sisters had heard once that her parents had some kind of property in the southern […]
Core Principles Series – Scenario #1
John and the lump sum of cash
As we walk through each of the 10 core principles of smart investing, it will be helpful to have some real life examples of […]
Ten core principles of smart investing:
Principle 1: Don’t put all of your eggs in one basket
Principle 2: If it sounds too good to be true, it probably is
Principle 3: Urgent and only available today = […]
401(k) plans have become a widely accepted retirement
savings vehicle for small businesses. According to the
most recent data, an estimated 51 million U.S. workers
participate in 401(k) plans that have total assets of about
$3 trillion.
With a 401(k) […]
A SIMPLE IRA plan is a savings option for employers
with 100 or fewer employees.
This plan allows employees to contribute a percentage
of their salary each paycheck and requires employer
contributions. Under SIMPLE IRA plans, employees
can set aside […]
A SEP plan allows employers to set up SEP IRAs for
themselves and each of their employees. Employers
must contribute a uniform percentage of pay for
each employee, although they do not have to make
contributions every year. Employer […]
Over 60 million people today receive some form of Social Security benefits, including approximately 39 million individuals age 65 or older. (Source: Fast Facts & Figures About Social Security, 2012) But Social Security is more […]
An individual retirement arrangement (IRA) is a personal savings plan that offers specific tax benefits. IRAs are one of the most powerful retirement savings tools available to you. Even if you’re contributing to a 401(k) […]
Employer-sponsored qualified retirement plans such as 401(k)s are some of the most powerful retirement savings tools available. If your employer offers such a plan and you’re not participating in it, you should be. Once you’re […]
What is a “stretch” IRA?
The term “stretch IRA” has become a popular way to refer to an IRA (either traditional or Roth) that has provisions that make it easier to “stretch out” the time that […]