Rebalance 401(k) News
Study: Millions of Business Owners Take Needless Risk with Retirement Plans
by Svetlana Kot Quick, who’s the fiduciary of your company’s 401(k) plan? If you don’t know chances are high that it’s you, the business owner. If your next thought was “What exactly is a fiduciary?” your problems might run deeper still. A fiduciary… Continue reading
All the Ways You Can Mess Up Your 401(k)
by Scott Puritz Workplace retirement plans get a lot of bad press, primarily small company plans loaded with high fees. But, truth be told, 401(k)s have been a boon to millions of Americans with access to them. In total, 55 million savers held… Continue reading
The Basics of 401(k) Retirement Planning
by Christie Whitney, CFP® The history of the most common American retirement plan — the workplace 401(k) — is long, but the essential idea is simple. Save money today and lower your current income taxes. Put in pre-tax money while you are working and… Continue reading
Why Business Owners Should Use a 3(38) 401(k) Retirement Plan Adviser
by Mitch Tuchman How would you rate your investment savvy? Many business owners enjoy buying and selling stocks for fun, but few properly account for their true performance over time. Now think about your employees’ 401(k) savings. Are you ready to personally make… Continue reading
For Business Owners, The Real 401(k) Risk Is Doing Nothing
by Svetlana KotAs an employer, can you one day be sued by your long-ago employees for how you managed their retirement money? You bet you can! All it takes is allegedly failing to offer investments with competitive fees, as Wake Forest University… Continue reading
Loans From Your 401(k): Understand the Facts
by Nicole Cervi-McKeeverThe pandemic year has a been a hard one for otherwise diligent savers and investors. Some of your employees may have opted to take out loans from their 401(k) plan to cover expenses. It’s important as a plan provider to… Continue reading
Rebalance’s Better K Launch Highlights How 401(k) Admin is Changing
by The Rebalance TeamIn just the past week, three companies of widely varying sizes introduced new products aimed at the retirement market, demonstrating the growing trends of personalized financial planning and providing capabilities (and pricing) previously reserved for larger 401k plans. Innovation in… Continue reading
Small Business 401(k) Red Flags You Should See…Before The IRS Does
by Svetlana KotEvery year at tax time, your CPA goes over your company books, prepares your personal return and — after a few weeks of grinding — hands you something to sign. Ever think about what your signature means on a tax… Continue reading
Are Pooled Employer Plans Right For You?
by Sally BrandonBrand new to the 401(k) marketplace as of January 1 2021, Pooled Employer Plans (commonly referred to as PEPs) are made possible thanks to the SECURE Act. PEPs allow unrelated employers to “pool” together, along with other employers (traditionally small… Continue reading
An Entrepreneur’s Guide to Financial Success
by Sally BrandonThis Sunday’s Washington Post shared something I’ve long known…namely that my partners Scott Puritz and Mitch Tuchman are world-class human beings. The Post profiled Scott to share his entrepreneurial spirit and how Rebalance came to be. And what an exciting… Continue reading
Finding Investment Advice For More Modest Retirement Accounts
by Mitch TuchmanIf you’re perfectly capable of running your own retirement savings, selecting the right mix of low-cost investments, rebalancing at the right time and not buying and selling out of fear or greed, then good for you. But the majority of people… Continue reading
Retirement Planning – Freelancers Have A Secret Weapon, The Solo 401(K)
by Scott PuritzAn amazing 40 percent of American workers will be classified as freelancers by 2020, according to the Bureau of Labor Statistics. Once the province of recent graduates and those “in between” jobs, the wave of the future seems to be… Continue reading
Decisions About Rolling Over Your 401(k) or 403(b)
by Jay VivianJay Vivian, former managing director of the IBM Retirement Funds, on why rolling over your 401(k) is important. Continue reading
The Basics of 401(k) Retirement Planning
by Christie Whitney, CFP®The history of the most common American retirement plan — the workplace 401(k) — is long, but the essential idea is simple. Save money today and lower your current income taxes. Put in pre-tax money while you are working and… Continue reading
Rebalance Featured On PBS Finance Show Wealthtrack
by Scott PuritzConsuelo Mack is a long time fan of Professor Burton Malkiel and Dr. Charles Ellis. In fact, she had both of them on her show several times. So naturally, she was intrigued when Burt and Charley joined the Rebalance team and took… Continue reading
Retirement Industry People Moves: Rebalance Hires Retirement Services Director
by Scott PuritzWealth management firm Rebalance has added Nicole Cervi-McKeever as director of retirement services. In the role, Cervi-McKeever works directly with Rebalance’s Better K small business 401(k) clients and is responsible for the entire 401(k) client lifecycle, serving as the daily… Continue reading