More People Saving, Increasing Saving Rates According to Fidelity
Increasing Saving Rates While markets remained flat, people saving for retirement were not dismayed with many increasing their savings rates leading to an all-time high...
IRA Roll overs and Roll ins
To maintain their tax deferred status and avoid penalties before the age of 59 1/2, workers in 401k and 403b plans must rollover their retirement account into a qualified personal retirement plans also known as individual retirement accounts or IRAs or keep the money in their current employer sponsored plan. Some employees allow for an encourage current workers to roll-in assets from other 401k or 403b plans or IRAs to consolidate all retirement accounts.
Majority Rollover to IRA with Help from an Advisor
According to a study by the Center for Retirement Income at The American College of Financial Services, 62% of older workers who retire decide to...
40% of DC Assets Cashed out by Younger Workers
A growing and sometimes forgotten issue with defined contribution (DC) plans is when plan participants cash out, known as leakage. A recent report by DCIIA...
IRA Rollovers May be a Bad Idea
With Super Bowl 50 coming soon and the ads that are sometimes more entertaining than the game, it’s time to think about why IRAs may...
Plan Sponsors Should Consider Helping Employee with Roll-Ins
Most people know about IRA rollovers when employees leave a company and roll their retirement plan balance into an IRA, a market that has grown...
