Are Cash Balance Pension Plans a Good Retirement Option for Your Company to Offer?

Figuring out which type of retirement plan to offer your employees is not as simple as choosing a 401(k) and calling it...

Choosing the Right Retirement Plan: Should Your Business Offer a Defined Benefit Plan?

A defined benefit plan — also known as pension plans or qualified-benefit plans — is one of the oldest retirement plan...

Should Your Company Consider Key Person Insurance to Protect Business Continuity?

What is key person insurance? Key person insurance — also called key man insurance, key woman insurance, or business life...

Should Your Business Consider a Pooled Employer Plan (PEP)?

What is a pooled employer plan (PEP)? A PEP is a defined contribution plan for retirement, but rather than the...

What is Estate Planning? A Quick Guide to Making an Estate Plan

What is estate planning? Estate planning is the process of determining how your estate will be allocated once you die...

Investing for the Future: How to Use Your Health Savings Account (HSA) to Save for Retirement

Before we jump into using your HSA as a tool for retirement, let’s cover the basics of what a health...

Should You Invest in Rental Properties in the Current Housing Market?

There will always be demand for housing. Unlike other expenses, which consumers can adjust accordingly, people will always need a...

Why Your Small Business Needs a Buy-Sell Agreement

What is a buy-sell agreement? A buy-sell agreement, much like a will, is a contract that stipulates how members of...

4 Major Changes to Retirement and Tax Planning Due to the SECURE 2.0 Act

SECURE Act 2.0 increases required minimum distributions to age 73 Many types of retirement plans, like traditional IRAs and 401(k)...

401(k) Hardship Withdrawal vs. Borrowing from a 401(k)

401(k) hardship withdrawals With a traditional 401(k), you can only make penalty-free withdrawals after you reach age 59 ½. We always advise...