Financial Basics for Millennials-Why They’re Important Understanding financial basics is extremely important. This is especially true in your 20s and 30s when you are just starting out. The financial choices you make now will have an impact well into the future. Because of this, it is important you make good choices in the beginning. [...]
Changing Employment-Your 401(k) Options It is important to understand your 401(k) options when you are changing employment. If you lost your job or got a different one there are certain things you need to be aware of. In this article, we will go over your options and your employee’s rights regarding your 401(k). Your [...]
Saving for College-529 Plan Basics Saving for college can seem like a daunting and overwhelming feat. But there are financial avenues to help you accomplish it. One of these tools is 529 plans. In this article, we will go over 529 plan basics so you can determine if it is the right choice for [...]
Your Retirement Savings Goal Setting a retirement savings goal is one of the most important parts of financial planning. However, once that goal is calculated, it may seem unattainable. In this article, you will find helpful tips on small, easy things you can do that will allow you to reach your retirement savings goal [...]
Beneficiary Designations-The Basics Retirement plan beneficiary designations refer to the people you name to receive your retirement account funds when you pass. Who you choose to be your beneficiary can have several different implications, so it is important that you understand the consequences before you name your beneficiaries. In this article, we will go [...]
Tips for Financial Planning for Young Adults Beginning financial planning at a young age is just as important as it is the closer you are to retirement. In fact, the earlier you start, the better off you will be in the long run. In this article, we will go over some tips for financial [...]
Basic Overview of Stocks Stocks are a financial avenue companies use to raise money for their business. As an investor, you are purchasing a small percentage of ownership in that company. This allows you to share in the profits, growth, and dividends of the company. As an investment, stocks have provided a higher annual [...]
Where to Find Your Retirement Income Retirement income is not a black and white topic. There is not one key source of retirement income and everyone's plans will be different. A major step towards a successful retirement plan is identifying all your potential sources of income and how much you can expect them to [...]
The Basics An Employer-Sponsored Retirement Plan is an investment plan that employers offer to their employees as an added benefit. These plans include 401(k)s, 403(b)s, 457(b)s, SARSEPs, and SIMPLE plans. Each plan has different rules and features. But all Employer Sponsored Retirement Plans contain many of the same rules and fundamental characteristics. In this [...]
Tips for Your Year-End Financial Review As 2016 comes to a close, it is important that you do not forget your year-end financial review in the shuffle. At the end of the year, it is important to review your budget, investments, and financial goals. In this article, we will outline some financial steps you [...]
