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Stay in a 401(k) or roll to an IRA?

Financial advisors are often asked this question by their clients who are leaving a company or retiring, “should I roll over my 401(k) to an IRA?” Peter Mallouk, president and chief investment officer of Creative Planning Inc., says given the opportunity of staying in a 401(k) or rolling to an IRA, they should roll it  Click to Continue

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The Exposed Failure of the 401(k) System

Were you aware that the median 401(k) account in America is a pitiful $18,433? (according to the recent 401(k) report by the Employee Benefit Research Institute) Yep, about 40% of employees in America have less than 10,000 in their 401(k) today… And no, it isn’t because 40% of Americans have pensions… They simply just don’t  Click to Continue

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Top Ten Money Mistakes

My parents were wonderful examples of the Greatest Generation. This was especially reflected in their values, integrity and spending habits. My sisters and I are Boomers who benefitted from the lessons we were taught and the sound financial decisions that our parents made. Our Dad was a financial advisor, insurance broker and a first rate  Click to Continue

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Using Longevity Annuities in 401ks Just Got a Bit More Enticing

Longevity Annuity, aka deferred income annuity, aka longevity insurance is one of the fastest growing insurance vehicles in the country, and certainly the fastest growing annuity in 2014. And with the latest news today involving the Treasury Department announcement concerning annuities inside of 401(k) plans, these longevity annuities in 401ks are poised to help this  Click to Continue

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Why You Need a 401(k) For Life

Have you been participating into a 401(k) for 30 years or more?  Based on where you are in life today, do you think you will hit the 30 year mark of 401(k) contributions before you retire?  If not, then this video might bring some bad news… According to a recent study by the Employee Benefit  Click to Continue

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401(k) Fees Exposed

Did you know that 401(k) fees can eat up to 30% of your entire account in fees over your lifetime?  No wonder the government is making a huge push to force 401(k) plans and administrators to publish their fees.  A study last year by AARP revealed that 70% of Americans didn’t even know that they  Click to Continue

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