Category

Secure Act

401(k) PlansFinancial PlanningIRA RolloverJob TransitionRetirement PlanningRoth IRASecure ActUpdated for 2020

Rolling Over a 401(k) to a Roth IRA: Should You Convert to a Roth?

What are your 401(k) rollover options? You may consider converting your 401(k) to a Roth IRA. No matter what you call it (transfer, roll over, convert, or just moving it), converting your old retirement plan to a Roth IRA is worth considering. A Roth IRA offers unique benefits unavailable in other…
May 26, 2020
ForbesInheritanceIRA RolloverRoth IRASecure ActTax & Estate PlanningTraditional IRATrustsUpdated for 2020

The End of the Stretch IRA and What it Means for Your Estate Plan

The Secure Act became law on December 20th, 2019, bringing the most significant changes to the retirement system in over a decade. Among the changes is the end of the so-called 'Stretch IRA' which allowed non-spouse beneficiaries of an IRA (or other type of retirement account) to 'stretch' withdrawals over…
January 15, 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?

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 mind when deciding how to take your pension. (more…)
December 15, 2019