How to Protect Yourself from Cyber Theft

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Cyber theft is a serious global issue that affects all industries and people. In recent years, as new apps and programs have evolved, this has become even more prevalent, especially within the financial services world. There are a variety of imposter scams that we would like to bring to your attention, so that you can… Continue reading

 
Plugging the Retirement Gender Gap At Work

Plugging the Investment Gender Gap At Work

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It’s an irony of life many financial planners see every day: women live longer, but they end up having less for retirement. The money has to stretch further and can sometimes run out. A big part of the problem is the retirement gender gap. We often hear about the “gender gap” in terms of pay… Continue reading

 
President Joe Biden signing executive orders

Change the 401(k) Tax Break? Why Keeping Tabs on Washington Matters

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Is your 401(k) plan ready for big changes? They could be coming. The Biden administration reportedly seeks a raft of adjustments to the longstanding private American retirement system. Some of these changes could be dramatic, such as getting rid of the deductibility of employee plan contributions. Replacing that would be a tax credit, as Rodney… Continue reading

 

The Case for Hiring a 3(38) 401(k) Retirement Plan Advisor

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If you don’t feel that you have the in-depth financial knowledge necessary to manage your company’s 401(k) portfolio, you aren’t alone. According to a Charles Schwab survey, 52% of 401(k) plan managers indicated they don’t have the time, interest or knowledge to manage their 401k portfolio. Additionally, 56% indicated they either aren’t aware of or… Continue reading

 

Are Pooled Employer Plans Right For You?

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Brand 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 businesses) in order to participate in a retirement plan for their employees. PEPs differ from… Continue reading

 

Best Practices for Dealing with Missing 401(k) Participants

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Earlier this month, the Department of Labor released information designed to help fiduciaries meet their obligations to locate and distribute retirement benefits to “missing” and non-responsive participants. Included in one of the DOL documents, titled “Best Practices for Pension Plans” highlights steps that fiduciaries of 401(k) plans can take to decrease the number of “missing”… Continue reading

 

Your 401(k) is Still Likely to Have a Bumpy Ride After the Election

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Though the election may be over, it might only be the beginning of stock market volatility affecting your 401(k). At Rebalance, we anticipate short-term volatility and ensure client portfolios are hardened to withstand temporary bumps along the way. As always, we recommend investors think in the long term – Michelle Singletary expands upon this in… Continue reading

 

The correct way to early withdrawal from you retirement account

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While it is never ideal to tap into a retirement account early, the COVID-19 pandemic has lead to unprecedented circumstances, wherein many families have no choice but to do so. I spoke with Paul Brandus at MarketWatch about how investors can safely access their retirement funds and why it’s important to keep as much money… Continue reading

 

COVID-19 & Retirement: What to Consider.

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There is a lot of stress and uncertainty surrounding the ever-present COVID-19 crisis. So many unknowns still surround coronavirus, many of which are forcing senior workers to reconsider their retirement date. For some, the very notion of returning to an office environment during the pandemic seems inconceivable, and downright unsafe. Mark Miller of The New… Continue reading