2,027 results found
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I'm a financial planner. When my client launched her small business, we solved 3 problems to strengthen her plan.
I would normally never advise cutting retirement savings, but that was key to going all in on her business. Having a financial planner who can assess your business plan makes it easier to find clarity.
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How to help employees prepare for retirement
Some of your employees may be supporting their grown children instead of saving for retirement. Yes, you read that right. According to a report by Merrill Lynch and Age Wave, U. S. parents spend $500 billion a year on their 18- to 34-year-old adult children – twice the amount they contribute to their retirement savings
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Here's the checklist business owners should use when planning to reopen
After nearly two months of disruption, businesses around the US are impatient to resume operations. In one survey, half of small businesses said they were actively working on a local re-opening plan. In a separate question, half also said they could re-open in less than a month after restrictions end. In order to reope
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6 ways to level up your education benefits for a more inclusive workplace
Talent officers and learning and development professionals have a tall order right now. As employers look to bounce back from the coronavirus-induced recession, many are experiencing long-term shortages in their workforce, with open positions available but the right talent becoming increasingly difficult to attract and
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When Choosing Funds for Your College 529 Plan, Don’t Make This Mistake
The average cost of public in-state college tuition, fees, room and board in 2020-21 is $26,820 a year and $54,880 for a four-year private college, according to a recent study by the College Board. For a child born today, the four-year cost of college is expected to be $526,629 for private and $230,069 for public, acco
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Optimize Your Bonus By Investing Smart
Utilize your bonus to pad your retirement account.
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What Employers Need to Know about 401(k) Plans
In a tight labor market, businesses need a retirement savings plan to recruit and retain good workers. In fact, about 80% of Americans work for an employer with a 401(k)-style retirement plan. In the following conversation, Robert Diedrich, president-wealth management division, First Midwest Bank, discusses recent rule
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4 open enrollment pain points--and how small businesses can avoid them
For many small businesses, open enrollment comes at a tough time. Year-end is approaching fast and you may want to focus on holiday sales, tax strategies and business planning for the coming year, instead of how to get your employees excited about and enrolled in a new employee benefits package. It doesn't help that th
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Smart Strategies for Couples Who Run a Business Together
Gail Nott was a marketing consultant and her husband, Cory, a tech consultant, when they joined forces in 2018 to help other consulting and coaching businesses expand. Married since 2005, Gail, 46, and Cory, 53, of Nicasio, Calif., found it tough going at first.
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Want To Leave Your Kids An Inheritance? They May Only Have 10 Years To Take It.
The Secure Act, which was signed into law in December 2019, brings about several major changes to the retirement system. One such shift marks the end of so-called “stretch IRAs” for non-spouse beneficiaries who inherit a retirement account after 2019. Although there are a couple of exceptions, starting in 2020, most ad