Feb 12, 2014 | 401k, Blog, Fiduciary, News, Retirement Planning, Wall Street Greed
For these well-known financial companies, their proprietary funds really mean “Cooking so good, we sell it to clients, but not eat it ourselves! Irony is good food almost anywhere you find it, unless of course, you’re forced to eat your own. After Ameriprise Financial...
Dec 17, 2013 | Asset Allocation & Diversification, Blog, Bonds, Investments, News, Stocks, Uncategorized
Are you part of the walking dead? Did you make that mistake this year and hold a diversified portfolio? Before you go running to the “All You Can Eat S&P” buffet, take two minutes and read about it. Asset allocation is the process of diversifying...
Dec 7, 2013 | Blog, Estate Planning, Insurance, Life Insurance, News
I’ve reviewed over two dozen life insurance policies this year. Aside from the big problems I currently see in cash value policies, beneficiary designation is important because a mistake can be costly. Perhaps because so much thought, energy, time and money is spent...
Nov 19, 2013 | 401k, Blog, IRA, News, Retirement Planning, Self-Employed, Tax Planning
Don’t Forget Your Contributions If you turned 50 this year you are entitled to a catch up contribution of $5,500 for your 401(k). It is not too late to catch up for 2013. Also, anyone with compensation can contribute to an IRA. It’s the deductibility of the IRA...
Oct 1, 2013 | 401k, Blog, Fiduciary, News, Retirement Planning, Self-Employed
Avoid problems with your 401k with sage advice from the Oracle – Ary Rosenbaum: http://www.jdsupra.com/legalnews/the-hidden-dangers-for-the-401k-plan-s-26704/ Mr. Employer, follow these effective guidelines: Offer your employees investment education so they can...
Sep 25, 2013 | 401k, Blog, Mutual Funds, News, Wall Street Greed
Stay out of Target Date-Rape Funds folks. The layering of fees is expensive and deceptive. American Chemicals and Equipment is suing Prinicpal over some questionable accounting used to disclose fund fees. Howbout $120 million in “acquired fund fees” for...
