Laura A Reid Cpa Cva
Chattanooga, TN:
Tax-smart options for your old retirement plan when you change jobs
There’s a lot to think about when you change jobs, and it’s easy for a 401(k) or other employer-sponsored retirement plan to get lost in the shuffle. But to keep building tax-deferred savings, it’s important to make an informed decision about your old plan. First and foremost, don’t take a lump-sum distribution from your old …
How Some Workers Can Double Their Tax-Advantaged Retirement Plan Contributions
Workers who have access to both a 403(b) and a 457 plan can supercharge their saving
Retirement-Planning Tips for Singles
A study by Rand Corp. says that single people are at much greater risk of not saving enough for retirement than married couples. A look at some retirement-planning advice for singles from financial advisers.
What is a Retirement Plan Fiduciary or Trustee?
What it means to be a retirement plan fiduciary or trustee. Even if you do not have the official title, if you have certain responsibilities, you are legally considered…
5 Emerging Trends in Retirement Plan Design
Whether encouraging workers to save more for retirement or boosting employees’ overall financial wellness, employers are looking for ways to improve their retirement plan design. Take a look at five emerging trends businesses are adopting.
Why Businesses Owners Need Their Own Retirement Plan
Small business owners often rely on the sale of the business as their retirement plan. In today's economic climate, that's no longer a good option.
Tips for reviewing the state of your retirement plan
The middle of the summer is a good time to perform a review of your retirement plan, focusing on issues such as beneficiary designations and risk.
How to fill the holes in your retirement plan
The good news is you have options. Start with these five things, and your odds go up for a secure retirement.
Column: How an annuity improves a retirement plan
For some, locking in annuity payments can make sense.
Learn the Secret to Saving Your Home Without Sacrificing Your Retirement Plan
Few Americans will enjoy a traditional old-school defined benefit pension during their retirement years. A defined benefit pension plan is a type of pension plan in which an employer or sponsor promises a specified monthly benefit on retirement that is predetermined by a formula based on the employee's earnings history, tenure of service, and age, rather than depending directly on individual investment returns. Traditionally, many governmental…
When It Comes To Retirement Planning, Are Generations All That Different?
Millennials might assume that saving for retirement means something different for them than it does for their parents or grandparents.
Why It's Important to Work With Your Retirement Plan Provider
When you offer a retirement plan to your employees, you are taking on fiduciary responsibility. It is your responsibility to oversee and make decisions about your retirement plan for the benefit of the participants. This is also why it’s a good idea to frequently communicate with your retirement p
Why 8,000 Is The Most Important Number For Your Retirement Plan
Retirement planning is shaped by a story of what we think retirement should be. The prevailing narrative describes life after work as a short period of respite and leisure. In fact, it is likely to be about 8,000 days, or a full one-third of adult life, requiring more than financial planning alone.
How retirement plan advisers can incorporate HSAs into their practice
401(k) advisers may be eyeing health savings accounts as a way to increase revenue or boost the value they provide to clients.
20 Facts to Help You Maximize Your Retirement Plan
In honor of the 20th anniversary of the Roth IRA, use these 20 facts to maximize the value in your retirement plan.
How should you use Retirement Plan Distributions?
During your working years, you are (hopefully) putting money into your IRA and your 401(k) or similar employer-sponsored retirement plan. But once you’ve retired, how can you maximize the benefits
What to Know About After-Tax Retirement Plan Contributions
There are numerous benefits to being able to make after-tax contributions to assets.
Seven Retirement Planning Tips for People in Their 40s
Innovation is an anchor that keeps modern businesses afloat, propels growth and shields them from future risk, but its success largely depends on having a solid plan in place that includes the following.
7 ways Millennials can get a jump-start on retirement planning
True, Millennials haven't saved much for retirement. But who has? The good news is with time on their side, there are a few very simple but powerful ways to ensure they have a nice nest egg come retirement.
Leaving the office for good isn't part of many workers' retirement plans
Some workers say they'll never retire — because they can't, or don't want to. But that plan may not be feasible.
