You have dedicated your life to working hard and saving in order to achieve important goals such as providing for children’s education and enjoying a secure retirement. Investing your savings can sometimes feel a little overwhelming and knowing where to turn for reliable information can be...

After two years of decreases, interest rates on federal student loans are set to increase almost a full percentage point for the 2021-2022 school year. The interest rates on federal student loans are reset each year after the May auction of the 10-year Treasury note. The rates apply to new federal...

You have dedicated your life to working hard and saving in order to achieve important goals such as providing for children’s education and enjoying a secure retirement. Investing your savings can sometimes feel a little overwhelming and knowing where to turn for reliable information can be...

You have dedicated your life to working hard and saving in order to achieve important goals such as providing for children’s education and enjoying a secure retirement. Investing your savings can sometimes feel a little overwhelming and knowing where to turn for reliable information can be...

Principle 3: Invest for the Long Term

by Kimberly DeAngelis on

You have dedicated your life to working hard and saving in order to achieve important goals such as providing for children’s education and enjoying a secure retirement. Investing your savings can sometimes feel a little overwhelming and knowing where to turn for reliable information can be...

Principle 2: Start Investing As Early As You Can

by Kimberly DeAngelis on

You have dedicated your life to working hard and saving in order to achieve important goals such as providing for children’s education and enjoying a secure retirement. Investing your savings can sometimes feel a little overwhelming and knowing where to turn for reliable information can be...

Principle 1: Successful Investing Starts With a Plan

by Kimberly DeAngelis on

You have dedicated your life to working hard and saving in order to achieve important goals such as providing for children’s education and enjoying a secure retirement. Investing your savings can sometimes feel a little overwhelming and knowing where to turn for reliable information can be...

Defined Benefit Plans vs. Defined Contribution Plans

by Kimberly DeAngelis on

Qualified retirement plans fall into two broad categories based on the formula that defines them. The first is the Defined Benefit (DB) Pension Plan. These plans specify the amount the plan will pay to participants upon retirement. The second category is the Defined Contribution (DC) plan. DC plans...

The Lessons of an Exceptionally Instructive Year

by Kimberly DeAngelis on

Dear Clients, Colleagues and Friends:

Once in a very great while, there comes a year in the economy and the markets that may serve as a tutorial—in effect, a master class in the principles of successful long-term, goal-focused investing. Two thousand twenty was just such a year.

On December 31...

Cash Balance Plans

by Kimberly DeAngelis on
Categories

You are likely familiar with 401(k) plans and profit-sharing plans, and may have even established such a plan for your employees. The maximum contribution that can be made for owners and targeted individuals under these kinds of plans is $57,000 in 2020 ($63,500 if the individual is age 50 or over...

90 – 10 – 90 RULE

by Kimberly DeAngelis on
If you, your plan or your participants suffer from poor participation, low deferral rates or shortsighted investment decisions, you are not alone. Here are three major obstacles that sponsors need to overcome to help produce better retirement plan outcomes!

2020 Year-End Tax Tips

by Kimberly DeAngelis on

Here are some things to consider as you weigh potential tax moves between now and the end of the year.

1. Defer income to next year

Consider opportunities to defer income to 2021, particularly if you think you may be in a lower tax bracket then. For example, you may be able to defer a year-end...