Deciding when to begin receiving Social Security benefits is a major financial issue for anyone approaching retirement because the age at which you apply for benefits will affect the amount you’ll receive. Fortunately, there are a couple of planning opportunities available that you may be able to use to boost both your Social Security retirement income and income for your surviving spouse.
Higher paid employees may not be saving enough for retirement currently, which can be fixed with a nonqualified deferred compensation plan.
The world of retirement planning can get complex, so here is a breakdown of what you need to know about 401ks and your options.
Especially with new regulations in place, the specifics of 401k fee disclosures can be difficult to navigate. Below are 10 common questions and concerns employers have regarding 401k fee disclosures so that you can be aware of the fees you are being charged in conjunction with your 401k plan. 1. What are the required disclosures?…
What information must be disclosed? What are you supposed to do with this information once you receive it? What are the consequences for Non-Compliance?