The SECURE 2.0 Act of 2022 was enacted on December 29, 2022, and introduces major changes to 401(k) plans, particularly those sponsored by small businesses. The law is designed to increase retirement plan coverage, enhance savings, and simplify existing rules. Employers need to familiarize themselves with the new provisions to ensure their 401(k) plans comply […]
Secure 2.0 – Summary Changes 2024 Read More »
In 2024, U.S. large cap stocks had a strong start, jumping by 10.6% according to the S&P 500 index. This surge came after a solid performance in the previous quarter. While most major regions saw gains in equities, U.S. stocks continued to lead the pack. Japan was the only market to surpass the U.S., with
1Q2024 Market Overview – Sustained U.S. Distinction Read More »
In the realm of retirement planning, there’s a hidden ally that can significantly impact your financial well-being: tax efficiency. By strategically navigating the complexities of taxation, you can ensure that your hard-earned savings work harder for you during your retirement years. Enter the expertise of a 401k financial advisor – a professional who specializes in
The Tax Advantage: How A 401k Financial Advisor Can Optimize Tax Efficiency Read More »
