As we approach the end of 2023, it is important to look at one’s entire financial picture and decide if any actions must be taken to optimize one’s finances in the coming year.  One such action that our Rebalance team prioritizes is reminding our clients ages 72 and over to automate their RMDs. You might… Continue reading →

Attention seniors: there are several tax deductions available that can greatly affect one’s financial planning at year end.   This Wall Street Journal article explains each of these tax breaks, and how to go about taking advantage of them. Four Lucrative Tax Deductions That Seniors Often Overlook There are a host of tax breaks available to… Continue reading →

Believe it or not, there is a magic age for making the best financial decisions of your life. You may or may not be surprised what this age is. Read this excellent Wall Street Journal article to discover the magic number. The Exact Age When You Make Your Best Financial Decisions There’s a magic number… Continue reading →

Curious about where to invest your cash? New York Times columnist Jeff Sommer outlines how money market accounts and bonds have risen to the top as compelling investment options. Yes, There Are Alternatives to Stocks At the moment, money market funds and many bonds are not only less risky, but at current interest rates, they… Continue reading →

For the first time since the stock market crash of 2008, consumer confidence with the stock market has returned. According to legendary Washington Post columnist, Michelle Singletary, investors have had a bumpy ride over the past decade. In the process, they have been rewarded with annual returns of approximately 12%. More Americans own stocks. This… Continue reading →

At Rebalance, we strive to make investing and saving for retirement smoother, safer, and easier for our small business owner clients and their employees with our BetterK solution. The recent passage of the new Secure Act 2.0 aims to expand access to retirement plants, increase retirement savings, help Americans preserve income, and streamline retirement plan… Continue reading →

Recently, we wrote about what we consider best practice for our clients in terms of 401(k) plan design, such as offering a Roth 401(k), the advantages of a Safe Harbor design, and more. For small businesses, however, there is another important consideration: whether or not to seek investment advice. Many business owners have no financial… Continue reading →

Retirement plan mergers have changed the face of the 401(k) market, and not necessarily in favor of business owners. There were once a small number of big names in retirement, leading players who were record keepers for thousands of companies and millions of employees: Prudential, Mass Mutual, Wells Fargo, Fifth Third Bank, New York Life,… Continue reading →

Business owners often adopt best practices when it comes to a new product or service. They should take the same approach toward small business retirement plan design. It’s easy to assume that all plans are the same. They are not. That’s why design matters. In our experience, no matter the size of your business, there… Continue reading →