Congress releases SECURE 2.0 technical corrections discussion draft On December 6, 2023, the committees of jurisdiction (the Committee on Health, Education, Labor and Pensions (HELP), the House Committee on Ways and Means, and the Education and the Workforce Committee) released a “discussion draft”1 of proposed technical corrections to the retirement plan-related portions of SECURE Act […]
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As investors, we must often remind ourselves that markets are forward-looking in nature and that the current, known events have less influence on market returns than one would think. Rather, stocks and bonds trade based on perceived future events, which are by nature unknowable. This is why markets dislike, but trade on, uncertainty. Thus far
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Effective retirement plan communications do more than just meet DOL requirements; the best ones engage, educate, motivate, and empower participants. Optimize your communications to connect with employees on a personal level, encourage informed decisions, and foster more active engagement with their retirement plan and their financial future. Effective, empathic communications help build a foundation of
Beyond Compliance: The Importance of Effective Retirement Plan Communications Read More »
The Automatic IRA Act of 2024 has been reintroduced by Representative Richard Neal, D-Mass., the ranking member of the House Ways and Means Committee. This measure requires companies with more than ten workers to automatically enroll their workers in IRAs or other comparable automatic contribution plans, such as 401(k)s, if they do not currently offer
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Good news – you have an extra $24,000, and you’ve decided to invest it in the stock market. It’s always nice to have investable cash on hand. But you also might feel as if the pressure is on. Nobody enjoys seeing the market take a dive shortly after they jump in. Unfortunately, we never know
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As we covered recently, environmental, social, governance (ESG) investing is a relatively new approach for investing “ethically,” however you define the term. Some ESG investors may be more values-driven, hoping to best align their investments with their personal beliefs. Others are more value-driven, hoping for higher returns by investing in companies whose sound ESG practices are
ESG Investing: How Do We Measure “Good”? Read More »
Considering that more than 40% of employers now match employee contributions to retirement plans, taking advantage of workplace retirement benefits is crucial for improving your financial security. Even if your employer’s contribution is modest, neglecting to participate means leaving money on the table. Before enrolling in your company’s retirement plan, it’s essential to understand how
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Retirement represents a major turning point in one’s life. One factor that remains, regardless of this new chapter in your life, is the presence of taxes. If you’ve followed the advice of retirement plan advisors, you should already be saving in tax-advantaged retirement accounts. Taxes are deferred in these accounts until you take money out
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If there’s one trait nearly everyone shares, it’s a desire to make the world a better place. No wonder there’s so much interest in environmental, social, governance (ESG) investing. Who wouldn’t want to try earning decent if not stellar returns, while contributing – or at least causing less harm – to the greater good? But
Understanding ESG Investing for Financial & Ethical Growth Read More »
A secure and happy retirement requires careful planning and is a well-constructed process. Starting now will give you plenty of time to make the strategic changes and improvements that will bring your retirement goals closer to reality. Here are 7 tips to prepare you for retirement: What will you do? Establish definite objectives and plan
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