End of Year 401(k) Plan Reminders and Tips

As the year 2016 draws to a close, it is a good time to review your 401(k) Plan to make sure you are taking full advantage of maximum deferral limits, confirm that you are in compliance with any Required Minimum Distributions and consider a Profit Sharing Contribution, which can reduc
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Studying up on 529 college savings plans

Two types of savings plans provide families with tax-saving strategies that also benefit their children and grandchildren. College savings plans and prepaid tuition plans are what are known in the tax community as 529 plans. These vehicles have much higher contribution limits than tho
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Filing for Social Security: What distribution strategy will work for you?

About 8,000 Americans reach the traditional retirement age of 65 every day, according to AARP. If you’re one of these preretirees, you have a lot of decisions to make about your retirement finances — including when you should start receiving monthly Social Security retirement benefits
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Truth About Investment Fees

What you don’t know CAN HURT YOU How much do you know about investment fees? The U.S. Securities and Exchange Commission (SEC) has published a bulletin on the topic to help ensure that investors understand the impact investment fees and expenses can have on savings. OUCH! The me
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When Do You Start Taking Social Security Benefits?

Deciding when to sign up for Social Security benefits is a big deal. And just for the record, it’s not the same as deciding when to retire. The two do not have to be simultaneous. SOCIAL SECURITY BENEFITS: LESS NOW, MORE LATER You can sign up for Social Security benefits at age 62. Bu
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