Category

Employee benefits

401(k) PlansEmployee benefitsRetirement PlanningTax planningUpdated for 2020

Roth 401(k) vs Traditional 401(k): Investing Pre-Tax or After-Tax

Which is better, a Roth or traditional 401(k)? The central difference between a Roth 401(k) and traditional 401(k) is the tax treatment of your contributions. Investors make traditional 401(k) contributions before tax while Roth savings occur after tax. Which is best for you will depend on your current/future tax situation,…
October 26, 2020
DiversificationEmployee benefitsInvestingInvesting During a CrisisISOsManaging RiskNQSOsRestricted Stock AwardsRSUsSARsStock options

Don’t Get Taken Down When Your Employer’s Stock Sinks

What can happen if you own too much of your company's stock? The coronavirus outbreak is yet another example of the dangers of having too much company stock. Some C-level executives are required to hold a certain amount, but many employees voluntarily double-down by either holding vested stock or buying…
March 24, 2020
401(k) PlansBusiness ownersEmployee benefitsRetirement PlanningSecure ActSEP IRASolo 401(k)Updated for 2020

3 Retirement Plans for Small Businesses: How They Compare

What's the best retirement plan for small businesses? Business owners with employees have several options: traditional 401(k) plan, SIMPLE 401(k), SIMPLE IRA, and SEP IRA are the most popular. The best option will depend on factors unique to your business such as budget, employee makeup and funding goals (for yourself,…
January 7, 2020
Employee benefitsFinancial PlanningFinancial Planning for CouplesPensionRetirement PlanningSecure ActUpdated for 2020

Should You Take a Pension or a Lump Sum?

Should You Take a Pension or a Lump Sum? Deciding between a lump sum or receiving pension benefits monthly requires careful planning and consideration. Though your personal situation and circumstance will always be the most important factor in any major financial decision, there are several key considerations to keep in…
December 15, 2019
Employee benefitsFinancial PlanningJob TransitionUpdated for 2020

What Are Your Employee Benefits Worth? Depends What Choices You Make.

Benefit programs at work can offer employees and executives significant wealth-building tools. Unfortunately, individuals don't always know they can or should participate and sometimes the complex nature of benefit plans can lead to costly mistakes. To help ensure you're taking advantage of the most significant financial resources your employer offers, familiarize yourself…
December 16, 2018
401(k) PlansEmployee benefitsFinancial PlanningRetirement PlanningTax planningUpdated for 2020

5 Financial Tasks to Prioritize in the New Year

There's truly no better time than the present to get your finances set up for the New Year. Unfortunately, for many busy professionals, there just isn't enough time in the day to tackle seemingly non-urgent matters. As a wealth advisor and CERTIFIED FINANCIAL PLANNER™ professional, I've seen how unintentional oversights or…
July 13, 2018