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...
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...
Aug 13, 2013 | 401k, Blog, Employee Benefits, Fiduciary, News, Retirement Planning, Self-Employed
A district court in Connecticut ruled ING Life Ins. and Annuity Co. (“ILIAC”) a fiduciary related to its revenue sharing practices and scheduled a four week trial to begin anytime after September 3. The lawsuit, Healthcare Strategies v. ING Life Insurance and Annuity...
Dec 28, 2011 | 401k, Blog, Estate Planning, Fiduciary, Financial Plan, Insurance, Investments, Long-Term Care, Retirement Planning, Self-Employed
For 2012, I’ve put together a checklist to help you take a deeper look at your financial picture, address a few important areas of financial planning, as well as provide you with some suggestions for the new year. The Basics ¨ Create a Financial Plan. By...
