Understanding your 401(k) planA 401 (k) is one of the most common retirement plans in the country; yet a lot of confusion exists. Here's what you should know.S. PodnosCfpMedical economics
That is a nearly 1% fee difference, which can add up over time. In this article, we’ll discuss what 12b-1 fees are and how to avoid them. What are 12b-1 Fees? 12b-1 fees are commissions paid to individuals or companies who promote and sell the fund in your 401(k) plan. ...
In this webinar, we discuss the fees on your plan and cover topics such as: • DOL disclosure requirements • Identifying who is getting paid and how • Ins & Outs of Mutual Fund Expense Ratios Ready to see how your fees compare? Let us run a complimentary fee analysis for you. Co...
The key advantage of using a 401k retirement plan is that it offers tax benefits. The money you contribute is deducted from your taxable income, meaning you pay less in taxes. Additionally, the investments in your 401k grow tax-deferred, which allows your money to grow tax free over time ...
For a comparison of IRAs and which one aligns with you: IRA Calculator Plan for your retirement: 401K/403b Calculator Compare annuity payouts to create your desired strategy: Annuity Calculator Understand how your retirement contributions may differ: IRA Eligibility Calculator Retirement Planning Whether...
If you don’t have an employer 401k or 403b through work, don’t panic. There are still plenty of great investment account options for you. If you do have access to a retirement plan at work, use it! Saving your money can be a difficult habit to get into. It will make saving a ...
Everyone, at some stage, retires. We all stop working eventually. Thus making a retirement plan is an essential pillar of your financial life.
Your equity compensation plan is a valuable part of your company's benefits, provided as an incentive to work and remain long-term with the company. There are many different kinds of such assets, like employee stock options, employee stock purchase plans, employee stock ownership plans, and res...
However, health insurance doesn’t cover the entirety of medical costs. In a health insurance plan, the consumer and the insurance provider split the costs up to a certain point, after which the insurer must cover the full cost. One of the features of a health insurance plan involving cost...
It should be noted that, while some conclusions in this paper can be generalized to stable value funds as a whole, the primary focus is on individually managed synthetic GICs, also known as wraps. These are individually managed 401(k) plans where the plan sponsor is a single employer. For...