Financial Planning The Unspoken Risks of Retirement Plan Loans During times of financial hardship people are forced to think – when life hands you lemons, take a loan. We get it! High inflation and a volatile economy are pushing people to think about where they could tap into fast cash if they needed it. A quick search on the internet will show you the […]
Financial Planning In-Service Withdrawals from Employee Retirement Plans While your retirement funds are certainty intended for the long-term, you might be able to take money out of your 401(k), 403(b), or 457 plan while still working. If you withdraw money out of a workplace retirement plan in your fifties, will you be penalized for it? In most cases, the answer is yes. Distributions […]
Retirement Planning Retiring on Time Retiring on Your Own Terms What does “retiring on time” mean? For us, it means retiring on your own terms – being comfortable and confident about when you start your next chapter of life. When looking to retire on time there are lots of things to think about, and it’s a very personal decision that […]
Financial Planning Splitting Retirement Accounts in Divorce When going through a divorce, the process of dividing assets can be a frustrating and confusing one. Retirement assets are an important issue in any divorce proceeding, since, after the marital home, they often represent the largest category of marital assets to be divided in a divorce settlement. Accounts that fall into this retirement category […]
Financial Planning Dividing Retirement Assets in Divorce With a Qualified Domestic Relations Order Retirement assets are an important issue in any divorce proceeding. After the marital home, retirement assets often represent the largest category of marital assets to be divided in a divorce settlement. These assets can include 401(k)s, 403(b)s, IRAs and pension benefits provided by an employer’s defined benefit plan. Divorcing spouses will often seek to divide […]
