Without a retirement plan, it’s difficult for most small business owners and their employees to contemplate a secure financial future. While employers technically have until the due date of their return to set up and fund a plan, notice requirements to employees for certain plans mean action is...
If your employer provides a 401(k), for example, many times the plan will offer the option to invest intarget date funds. These types of investments will keep your retirement savings on track without too much required oversight from you or a financial professional. You still may need addition...
Retirement accounts: Retirement accounts offer tax advantages for your investments, like tax-deferred growth to delay taxes on your earnings. You could open anindividual retirement account (IRA)for yourself. If you’re self-employed, you could also look for a small business retirement account such...
A wealth manager is a type of financial advisor typically associated with affluent clients. They offer thorough investment advice for the rich on retirement planning, estate planning, and risk and investment management. On top of the usual areas of finance, they focus on wealth preservation, includ...
“Involving your child in the process of selecting a new high school is a wise move,” says Kirsten Allen Reader, director of enrollment and financial aid at The Harley School in New York. “We all know that things go a bit smoother when we at least have some buy-in from our children...
Additional considerations: If you offer health insurance, retirement contributions or other benefits, ensure your payroll service can accommodate your needs. [Related article: Best Business Employee Retirement Plans] Integrations: Consider whether your payroll must integrate with essential HR software or acc...
When planning for your future,J.P. Morgan Wealth Plancan help focus your efforts on achieving your financial goals. Through Wealth Plan, you can connect with an advisor to help you create a plan, adjust your financial strategy, and track your progress. ...
That truism has led to the following rule-of-thumb for portfolios that will ultimately fund your retirement: Percentage of risky asset classes = 100 minus your age So a 30-year-old has 70% of her portfolio in equities and 30% in bonds. A 40-year-old has 60% of her portfolio...
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9 Investing your money Whether you want to invest for your retirement, plan for a child's education or save for a new home or car, BMO® Financial Group has the expertise to find the investments to help you attain your goals. How we can help you invest BMO Term Investments BMO Bank ...