Skip to main content
Over 50 Years of Combined Experience
1801 Hermitage Blvd, Suite 170
M - F 9:00 - 5:00

Archives

Ways to Maximize Your 401(k)

September 11 is 401(k) Day. Celebrate by considering different strategies for boosting your contributions. A 401(k) account is one of the most valuable tools for saving and planning for retirement. Many plans offer features that can help you set aside more of the money you earn for retirement...

Continue reading

A Look Inside the Average 401(k) Plan: How Your Plan Compares

As an employer, you face a challenge: attracting and retaining the right talent is necessary to drive your business forward. At the same time, you likely feel a responsibility to help your employees achieve retirement financially prepared. Your 401(k) plan can help manage both of these goals. Keeping...

Continue reading

Finding Your Way through the IRA Maze

You’re certainly not alone if the words Individual Retirement Account (IRA) cause your mind to spin in confusion. The original IRAs were mind-boggling enough. However, now you have several options, including what many have called the “American Dream” IRA—the Roth IRA. Let’s take a moment and ferret...

Continue reading

A Few Words on Feathering Your (Retirement) Nest

If you are in your twenties, you may think it’s too early to start planning for your retirement. Be assured, it’s never too early. Following are a few tips to consider in planning to feather your nest and nurture your nest egg. 1) Calculate your monthly expenditures and your income. This should include...

Continue reading

A Closer Look at IRAs—Roth vs. Traditional

    Roth IRA Traditional IRA 10% penalty for withdrawals prior to age 59½ Yes** Yes** Tax-deductible contributions No Yes*** Tax-deferred accumulation Yes Yes Tax-free distribution Yes No Mandatory minimum withdrawals requiredto start at age 70½ No Yes  *Withdrawals after age 59½ may...

Continue reading

Are There Really Tax-Free Retirement Plan Distributions?

A look at some popular & obscure options for receiving money with little or no tax. Provided by Barnes Capital Group Will you receive tax-free money in retirement? Some retirees do. You should know about some of your options for tax-free retirement distributions, some of which are less publicized...

Continue reading

Making & Keeping Financial New Year’s Resolutions

What you might do (or do differently) in the months ahead? Provided by Barnes Capital Group How will your money habits change in 2016? What decisions or behaviors might help your personal finances, your retirement prospects, or your net worth? Each year presents a “clean slate,” so as one year ebbs...

Continue reading