A blog by Richard Rausser, CPC, QPA, QKA, Senior Vice President – September 16, 2014 To paraphrase Mark Twain, reports of the death of the 401(k) are greatly exaggerated. In fact, they’re not even true. Google “401(k) gamble” and you will find seemingly endless citations…
…a “booming” economy, wage growth and inflation are at high levels. Both of these items have shown low, or at best, moderate growth in recent years. Also, potentially limiting an economic boom going forward are tariffs, potential trade wars, geopolitical tensions. and slowdowns in European…
…or other pressing financial issues to deal with; they’d rather spend their money on more “fun.” Addressing those concerns can perhaps be best done by a qualified financial advisor – or, as our own past surveys have indicated, by at least talking with family members…
…keeping the accumulated savings invested in the plan. It is possible to take a loan from one’s 401(k) plan – something that many participants may not even be aware of (and which it would probably be best if they were not). Although health emergencies may…
‘Tis the season for credit card bills tallying up what many of us spent for holiday gifts. Even with the best intentions, those bills can still be a little hair-raising when they are opened. Thus, ‘tis is also the season for many otherwise prudent retirement…
…country produces the products they are the best at (i.e., produce most efficiently), everyone is better off over the long haul, so long as displaced workers can be retrained and trade agreement provisions provide a level playing field. This theory is known by economists as…