Company pensions are often categorized as defined benefit (DB) or defined contribution (DC). A defined benefit plan states the specific benefit that a retiree will get. The calculation accounts for certain factors like how many years an employee has worked and the salary received, which dictates the pension one will get. A defined contribution plan […]
If you are fortunate enough to have a job with a 401(k) retirement savings plan, you may wonder, "How much should I put towards a 401k? Am I putting in too much, or not enough?" There are answers to these questions, and they depend on a few different scenarios. Let’s talk about the factors you […]
As a small business owner, you may be invested in the future of your employees both while in your employment and after retirement. For that reason, you may choose to incorporate a 401(k) qualified retirement plan into your business. If you are unfamiliar with the process, you may find it very daunting. Which 401(k) qualified retirement plan […]
Have you been planning for your retirement in Phoenix, AZ? You should be. It’s never too early to learn about how to plan for retirement and take proactive steps to maximize your security when you’re ready to stop working. Here are the top five things to do before retirement to ensure comfort and financial wellbeing […]
It’s never too early to start planning for your retirement in Phoenix, AZ. The earlier you plan, the more financially secure you’ll be during your golden years. If you’re wondering how to plan for retirement, keep the following helpful tips in mind. Diversify your portfolio While you might feel like playing it safe and avoiding […]
