During a year of market volatility, increased inflation, and fear of recession, automatic enrollment 401(k) and 403(b) plans continue to get participants on track to save for retirement. John Iekel, a Senior Writer with the American Retirement Association, summarized findings from the T.Rowe Price 2023 Reference Point Annual Benchmarking Report. He reports that in 2022, […]
PHILADELPHIA, PA — RTD Financial has been named to the National Association of Plan Advisors’ list of the nation’s top defined contribution (DC) Advisor Teams with Assets under Advisement over $100 Million. Unlike other lists, this focuses on individual firms, or what may, in a wirehouse environment, be referred to as a team, or office, […]
With everything that goes on in our daily lives, it’s easy to forget about our retirement plan accounts which are setup to automatically help save for the future. Below are a few questions to consider to ensure your retirement accounts are up to date. Have you created personalized login credentials to view your retirement account? […]
Help them Discover who they want to be in retirement. Help them Plan for their future. Help them Live free of the stress of financial uncertainty. Great efforts are made to enroll employees in company-sponsored 401(k) and 403(b) plans. But what happens next? Oftentimes, not enough is done to help participants re-assess their savings goals and investment decisions after enrollment. What about the employees […]
New hardship rules became effective January 1, 2019, for the calendar year plans, thanks to the Bipartisan Budget Act of 2018. Most of these rules are welcome changes which should make more funds available to plan participants who are experiencing financial hardship. There is some concern, however, that there will be more “leakage” of retirement […]
Are you the sole owner and employee of a business? Do you want to maximize tax-deductible retirement savings? You may be eligible for a one-participant retirement plan, which covers an owner, or an owner and spouse, in a business with no other employees. As such the plan is not subject to nondiscrimination testing and has […]