Changing Jobs? Remember These 401(k) Transfer Tips

Changing Jobs? Remember These 401(k) Transfer Tips

Changing jobs is inevitable at some point in a person’s life. There are many reasons this happens, but it is important to be prepared to transfer your 401(k) so that you aren’t losing money. It’s crucial that a person remembers to do this to ensure their financial...
Benefits of Having an Individual 401(k) 

Benefits of Having an Individual 401(k) 

Starting a business is a stressful and exciting venture to embark upon. While creating your business plan, it’s important to consider retirement plans. Thinking about retirement may be nerve-wracking, but it is crucial that you have a plan set up for when that time...
2022 Retirement Contribution Limits

2022 Retirement Contribution Limits

At the end of 2021, the IRS announced the cost-of-living adjustments for 2022. These adjustments affect the 2022 retirement contribution limits. The Social Security Administration also announced that social security benefits would increase by 5.9% in 2022. This...
How Does Profit-Sharing Work?

How Does Profit-Sharing Work?

Funding for retirement plans can vary from plan to plan. Some plans are entirely funded by the employee while others have contributions from both the employee and the employer. Others, though, like a profit-sharing retirement...
What is a 457(b) Retirement Plan?

What is a 457(b) Retirement Plan?

The type of organization that you work for can determine the retirement plan options available to you. For example, a small business will be more limited on the amount of funds that they are able to contribute to an employee’s retirement so they may pick a plan that...