As many small business owners get closer to retirement, they may have concerns about whether their savings are sufficient for retirement, especially given the current economic state. One way in which business owners can maximize their nest egg is to establish a Cash Balance Plan.

When planning for retirement, most young clients put off thinking about retirement expenses to focus on ways to build their savings. However, proper financial planning requires preparation for future expenses, such as emergencies or healthcare.

Every year, millions of college graduates enter the workforce while millions of Baby Boomers begin the process of transitioning into retirement. For these new graduates, acquiring a post-graduation job is a celebratory milestone but it is not without some challenges.

When setting up your company’s retirement plan options you want to make sure all your employees benefit and that your company sees some tax benefits. Choosing between qualified vs non-qualified retirement plans or a mix of the two can help all your employees and your company benefit. What are the differences between these options though?

In your twenties and early thirties, saving for retirement may be the last thing on your mind. From starting your career path and tackling student loan debt to saving for a home and possibly starting a family, it can be difficult to save without excess funds available.

One size does not fit all when it comes to the design of a retirement plan. A well-designed retirement plan not only gives employees a way to build a financially secure future, but it also is a valuable tool for the employer to obtain and retain quality employees.