With the recent market volatility, clients have asked me whether they should “stay in the market,” “sell,” “buy more” or “change my allocation.” In fairness, these questions come up all the time, but especially when the market is down. These feelings are a part of human nature. In fact, I wrote about this subject in […]
In a 401(k) plan, you are allowed to leave the money in your account to a named beneficiary(s) upon your death. This is a nice feature because the money goes directly to the beneficiary(s) without having to go through your estate. But how does this happen when one is gone? If you don’t want to […]
Dear Client, We work hard to advise our clients knowing that the financial markets are fraught with uncertainty. As of this moment, that uncertainty has elevated a notch making it seem extremely high in relative terms. Although the reality of the situation in Ukraine hit today, we have observed for some time now the indicators […]
Some saw this as a sea change (or maybe you could say it was because of seas rising). In May 2021, President Biden signed an executive order directing “the federal government to implement policies to help safeguard the financial security of America’s families, businesses and workers from climate-related financial risk that may threaten the life […]
I recently posted about retirement plan options for small businesses and the self-employed. Now let’s talk about starting a 401(k) Plan as another option. Remember, how much you want to save and your willingness to manage the complexity are the main drivers of your decision for choosing a retirement plan. Traditional 401(k) Plans are available […]
Not everyone has the option to save for retirement through a company sponsored plan. So, what are the retirement saving options available to small businesses and self-employed individuals looking to retire someday with a nest egg? Small businesses employ a large percentage of the population and having once been a small business owner, I know […]
