by Taylor Johnson | Feb 11, 2020 | Plan Participation
As a leader in your organization, it’s important for you to make sure that your employees are educated on being financially prepared for retirement. But how do you do this?It can be difficult to help your staff become motivated about their future. But when...
by Taylor Johnson | Feb 11, 2020 | Plan Participation
You want to see your staff financially prepared for the future. However, getting them to participate in a retirement plan can be challenging at times. Here are a few tips that you can pass on to help them: 1 Save at least 10% of your income. This provides a...
by Taylor Johnson | Feb 10, 2020 | Retirement
IRAs are a great retirement savings option for small organization or individuals. Many small employers, ministries, or faith-based organizations don’t have the money or experience to offer a retirement plan at all, let alone one with either a basic or matching...
by Taylor Johnson | Feb 5, 2020 | Plan Design
Should your contributions to your retirement account be pre-tax or after-tax? Pre-tax, or traditional, means that you don’t pay taxes with every contribution, but you will pay taxes when you withdraw the money. On the other hand, the after-tax option, or Roth...
by Taylor Johnson | Feb 5, 2020 | Retirement
The main difference between an IRA and a 403(b) is the type of account. A 403(b) is set up by the employer while the IRA can be set up by an individual.EligibilityEligibility for a 403(b) depends on the employer. Except for a couple of small restrictions, almost...
