Common mistakes. Non-believing 401k plan sponsors. How many of these have you seen? What have you done to address the dilemma of what to do when the client isn’t always right? This content was originally published here.
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How To Register and Own Website Addresses (.com, .net, .org, etc) For Under $20/year. [REGISTER DOMAIN NAMES] To comply with FTC regulations, all links could lead to commissions paid to the publisher. Please see Advertising Disclosure in sidebar. DELRAY BEACH, FL – Maybe the answer to that headline would be by following the Joe Biden…
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While many don’t do it, it does not mean it’s impossible to become a millionaire if you save money and max out your 401k for a number of years. A 401k lets… This content was originally published here.
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I spoke to “Steve”[1] recently. A nice young man in his early 20’s that recently started a new job in biotech. Steve is a very bright and hard-working son of a client of mine. These last several years, I have been helping the next generation start off on the right foot financially. Some are in…
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Your Return on Investment (ROI) is the most vital metric to measure success. When you invest in real estate, you may be able to achieve total ROI with a Solo 401K. Do strategic investments with high returns interest you? Then you’re in precisely the right place. This article will cover investing in real estate using…
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This is the second of a multi-part series on retirement accounts for self-employment income. I previously gave a rundown of SEP IRAs. In this post, I’ll cover the mighty Solo 401K. And up next: the SIMPLE IRA. Those who have or plan to have self-employment income should find this relevant. If you don’t fall in…
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This post may contain affiliate links or links from our sponsors. If you’re like me, you’re 401k is a “set it and forget it” account. I know money goes into the account every paycheck. But, I don’t have the time or desire to watch the performance and make sure I don’t pick the worst funds…
Read articleOn December 20, 2019, the Setting Every Community Up for Retirement Enhancement (SECURE) Act was signed into law. The legislation made many significant retirement plan changes, including later deadlines for adopting a new 401(k) plan or amending a traditional 401(k) into a safe harbor plan. For most small businesses, these changes took effect January 1, 2020. …
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This may not be a newsflash to some of you, but I have plans to retire someday. For that, I need to grow my money and investments to a number that will supply me with the life that I want in retirement. A 401K is a good option for that. Unfortunately, I didn’t start investing…
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If you’re a fiduciary of the acquiring plan, you want to make sure you’re not burdened with any unknown liabilities. If you’re a fiduciary of the acquired plan, you want to make sure the merger process doesn’t introduce new liabilities. This content was originally published here.
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