401K HELD BY EMPOWER AS OF JANUARY 1ST, 2020 NO AGE OR SERVICE REQUIREMENT TO ENROLL AUTO-ENROLLED @2% HOW TO CHOOSE AMONG THE +32 INVESTMENT FUNDS? CAUTION WITH ALL TARGET-DATE FUNDS PRE-TAX OR ROTH 401K OPTION? EMPLOYER MATCH IS 100%...
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As a healthcare professional you may have worked at numerous hospitals over your career. This often means a shoe box full of old 403(b) statements. Many people forget about these old plans, costing them potentially thousands of...
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TSP = Thrift Savings Plan via TSP.gov Federal Employee “401(k)” Retirement Plan 10 Available Investments to Select 5 Letter Funds (C, S, I, F, G) 5 Lifecycle Funds (L Income, L 2020, L 2030, L 2040, L 2050) 5% Agency Match...
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If your employer is AMITA Health and you are eligible for the Charles Schwab 401(k) plan, this article is for you. From AMITA’s employer match to the available investment funds to choose from, I will walk through key points to...
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If you work at one of the 2,200 dialysis clinics in the U.S.A., you should be eligible to contribute into your Wells Fargo sponsored 401(k) plan. Our team works with many Fresenius healthcare professionals throughout the country. Many...
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If you work for one of the eleven Advocate hospitals in Illinois, this article is for you. From learning how your ADP 401(k) works to understanding when you can begin pension payments, I will walk through key points you should know to...
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We get it. As a healthcare professional you are busy. Whether you are on call or working a double, very few of you have the time or desire to manage your retirement and investments. Sometimes you need to check your own vital signs....
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If you work for the Federal Government and qualify for this pension (aka “FERS Annuity”), chances are this will be the largest and most important piece of your retirement. Our team works with many VA medical professionals...
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The “A” word. Annuity. This financial instrument gets a lot of attention in the media nowadays. Much of the noise is from these products getting improperly sold to consumers. Unfortunately, the financial services industry...
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MEDICAL PROFESSIONALS: A PRESCRIPTION FOR YOUR FINANCIAL HEALTH Much like medicine, the field of finance has been the subject of much scientific research and data, and should be approached with the same level of discipline and...
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How will you pay for your children’s college expenses? Tuition rates for both private and public universities across the country are dramatically increasing. The average student loan debt for a college graduate is over $37,000...
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Will your 401k and Social Security benefits be enough to live your ideal retirement? For some it may, while for others it may be a disappointment in their golden years not having enough saved. Whether you are retiring early in your...
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YOLO. You Only Live Once. If you could retire well before age 65, would you? Maybe you have a dreadful commute to work or you would rather travel and spend precious time with family. Have you explored ways to cut your working years?...
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Many elderly people I meet with have never heard of RMDs otherwise known as “required minimum distributions”. If you have a 401k, 403b, TSP or IRA, this tax law applies to you! Whether you have $10,000 or $1,000,000 in...
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Retirement planning. Unfortunately, it is not something that can wait the year you stop working. Procrastination here will reduce your chance of living an ideal retirement lifestyle or worse yet, force you to work your entire life. In...
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I meet with many elderly folks that were victims of unscrupulous financial advisors. There are many types of financial professionals out there today: some very...
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As the cost of a college education continues to climb, many grandparents are stepping in to help. This trend is expected to accelerate as baby boomers, many of whom went to college, become grandparents and start gifting what's...
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By: Dustin Javier, CFP® AWMA® CERTIFIED FINANCIAL PLANNER™ CDs (Certificate of Deposits) are considered to be very safe investments and are commonly sold at banks and credit unions. Conservative baby boomers like my own...
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Retirement Plans for Small Businesses If you're self-employed or own a small business and you haven't established a retirement savings plan, what are you waiting for? A retirement plan can help you and your employees save for the...
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On average people change jobs 12 times throughout their lives. This often means a shoe box full of old 401k retirement statements. Many people forget about these old plans, costing them potentially thousands of dollars if funds are not...
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Do you picture yourself owning a new home, starting a business, or retiring comfortably? These are a few of the financial goals that may be important to you, and each comes with a price tag attached. That's where financial planning...
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There's no denying the benefits of a college education: the ability to compete in today's job market, increased earning power, and expanded horizons. But these advantages come at a price. And yet, year after year, thousands of...
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Medical Professionals: A Prescription for Your Financial Health The demands on medical practitioners today can seem overwhelming. It's no secret that health-care delivery is changing, and those changes are reflected in the financial...
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Among the many households I help, many work for the US Government. Whether your employer is the post office, VA, or military, a well-managed TSP can be an excellent retirement vehicle. The TSP is similar to a 401k plan for private...
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