Most non-profit employees are familiar with the benefits of contributing to a Traditional 403(b): before-tax retirement savings, large contribution limits and no income limitations. But you may not be aware of the similar benefits a ROTH 403(b) account can provide. John Cooper breaks down the differences and discusses how you can choose what plan can serve you best.
Winding Up Withdrawals:
Retirement Savings Part 3
As you approach retirement, how will you access the money you worked so hard to save? This is part three in our retirement savings series: Plan Your Withdrawal Rate.
The Balancing Act of Allocation:
Retirement Savings Part 2
The second step of saving for retirement is to decide how to invest those assets. To determine your asset allocation, decide how much you’ll put into various types of investments and become familiar with the role those specific products play in your overall strategy.
Start with Strategy: Retirement Savings Part 1
The first step of saving for retirement is to implement an investment strategy that provides the annual income you will need, while balancing other considerations, such as liquidity, your risk tolerance, and anticipated rates of return. This includes understanding what type of account you should be utilizing and how much you should be saving.
Health and Wealth:
Medical Costs in Retirement
Our life expectancy has increased at a steady pace over the years and is expected to continue increasing. According to the U.S. Census Bureau, the average 65-year-old American can expect to live another 19.6 years.
When & How: Maximizing Social Security
The timing of Social Security benefits is one of the most frequent questions we get from...
Setting Long Term Goals
In this third video in our series of commonly asked questions we receive, William M. Coxe Jr.,...
Group Retirement Benefits Your Employees, Your Business & You
While many people think of the 401(K) when they hear “retirement plan," businesses have numerous...
2021 Retirement Contribution Limits
Every new year is an opportunity to reflect on the past, plan for the coming year, and look...
Financial Tips for Changing
Gears in Retirement
Everyone is probably familiar with the adage, “the only constant in life is change.” Change is...
Employer-Sponsored Retirement Plan: How Greenwood Capital Can Help
401(k) The 401(k) is the most popular qualified retirement plan among employers and employees....