Retirement Meditation #9: Should I leave the 401(k) or move it to my new employer?
A 2019 Bureau of Labor Statistics (BLS) study reported that Americans held an average of 12 jobs throughout their working years. Whether or not you are a part…
Retirement Meditation #8: What’s the fuss with employee after-tax contributions?
I can only imagine how many phone calls retirement advisors received in July 2021 about employee after-tax contributions. On July 9, the Wall Street Journal…
Retirement Meditation #7: Should I convert pre-tax money into Roth?
Following last week’s Retirement Meditation, one of my LinkedIn connections requested I address converting pre-tax money into Roth. The short answer to this…
Retirement Meditation #5: Should I make pre-tax or Roth contributions to my 401(k) plan?
Years ago, I listened to a retirement plan participant summarize a retirement educator’s lengthy explanation of the differences between pre-tax and Roth…
Retirement Meditation #4: What is the right amount to save for retirement?
I’ve met a lot of people in my more than 35-year career in the retirement plan industry.
Many individuals have said to me, “I wish I had started saving…
Me: What is retirement?
My teenage child: That’s easy. It’s when you stop working.
Me: Then why do I meet people every day who are working but say they are…
Imagine an employee with nearly $300,000 in your company’s 401(k) plan calling you with accusations that $245,000 has vanished—completely disappeared from…
