Retirement Plan Advisors

We have asked our Wealth Advisor, James Perik, to conduct a training of the basic benefits of the plan. The topics of discussion will include (but will not be limited to) short planning strategies/guides, the enrollment process (what it entails), what considerations to take when planning for your future, etc.

Planning, just like saving for the future does not always come natural to a person and a lot of times has to be recommended by professionals. It takes personal discipline along with dedication to follow a good retirement plan. In order to achieve personal goals for retirement there has to be a plan of action to obtain success. Proper planning for retirement will also provide a positive outlook for that stage of life.

Pension funds are depending on how long employee have been invest of their retirement funds; it is a common asset to generate stable growth over the long term, and provide pensions for employees when they reach the end of their working years and commence

The Retirement Gamble portrays a realistic outlook of retirement plans and reveals the actual truth on it. This documentary revolves around various consumer problems in everyday life.Examples include newscasters interviewing regular people ranting on how most Americans can’t afford necessities in life. People also complain that they can’t save as much money and how the American Dream just isn’t compatible for some people. The video also opens up new ideas on what the country can do with their stock market. The interviewer brings up well notable people such as John Bogle, founder of Vanguard to support the idea of increasing index funds. This fine work of a document makes me realize that I need to prioritize my financial handling in the

Each employer 's retirement benefits are different. Employees need to know exactly what benefits their employer offers and what each type of benefit does for the employee. Employees that understand defined contribution plans, defined benefit plans, 401(k), 403(b), the fiduciary requirements imposed by ERISA, and non-discrimination rules imposed by ERISA will help employees make good decisions regarding their retirement. Each plans has its good points and its bad points and employees need to know what there options are and which will benefit them. Not each plan is offered by employers, but knowing the rules and laws that they have to follow on the plans the do offer will assist the employee in learning how to save for retirement.

To wrap up, the quality of life for retirees is associated with retirement income retirees, prospective or actual, might achieve or have upon leaving the workforce. The underlying rationale of retirement plans, social security and pensions, is one which is informed by broader political, economic, social, cultural and psychological factors. The current paper highlights some underlying causes for, effects on, opportunities in and challenges encountered with retirement plans as expanded in the 1980s and in comparison to the 2000s.

Employees are wanting more than basic retirement resources these days; they are looking for help with basic budgeting, debt management and investment. They want to know what is needed to be financially secure enough to buy a house and be prepared for saving for any potential health issues. Currently, a little more than half of employers offer at least one of those services to their employees, according to a new report from benefits consulting firm Awn Hewitt. It is estimated that by the end of the year, 77% of large and mid-size companies will offer at least one financial wellness program and 52% will offer programs in three or more categories.

It has come to my attention, that employees are concerned over some issues with the health insurance plan we offer, retirement and saving plans, as well as their time off and FMLA rights. I have come up with an excellent employee benefit plan that would educate the employees on their rights and show them how these benefits are best for their situations.

The author suggests solutions for contribution plan participants to achieve greater financial wellness and greater financial security in their retirement years. The author calls these The Four M’s – Milestones, Measurements, Monitoring, and Management. The final strategy the author discusses is to connect it all together, to help participants make the connection between their savings levels and the annual retirement income expected and

Retirement is one phase of life that is of grieve concern for everyone. For some, it heralds a time to forget the hustle and bustle of a nine to five job commitment and to bask in the delight of the golden age. Unfortunately, the reality of living doesn 't always agrees with the carefree intentions of joy and splendor. For many of us, there is a lot to consider when transitioning into retirement. This is where decisions become more calculated and is executed consciously in order to be at peace during retirement.

Today’s society is celebrating longer and healthier lives of it citizens due to advancements in technology and medicine. Success of such advancement has led to a shift in how executives are approaching retirement in the 21st-century. The traditional approach of retirement at age 65 and enjoying a life of leisure afterwards is changing with workers living longer and the financial security of government pensions is diminishing. Ithaca College assistant professor of management, Christine Bataille, has conducted in-depth research on the different paths of retirement being taken by managers today.

Compared to the year of 2000, significantly more workers anticipate working to age 66 or older. This is due to an increase in the required age to retire. People have become anxious about retirement and for those without adequate investment income, retiring is harder. The changing population has made it difficult for individuals to retire without fear they will struggle. Older adults are afraid that if they retire, they will suffer and face a retirement crisis of being able to support themselves finacially. Although there are programs out their to help older adults, They still tend to worry most about affording healthcare, deductions in social security benefits, and becoming a burden on family members because of the increase of the cost of living.

I have to admit that I do not plan on working until I die, and I know I am not the only one who feels this way. Although retirement might seem many years away for me and a significant portion of the workforce, now is the time to start planning for retirement. Many companies offer private retirement benefits such as 401k plans where a percentage of the employees’ wages (typically 15% or less) goes to stocks and bonds. Even though many employees contribute to a private retirement plan, many employees need additional retirement benefits. Moreover, many workplaces have no retirement package, and the employees need a different form of retirement benefits.

According to the website, the organizational mission statement of the Employee Benefits Security Administration "is to assure the security of the retirement, health and other workplace related benefits of

Overcoming poor planning for future retirement is a sociological force facing CNO. Having the ability for altering the way society reacts to future financial planning is crucial within the insurance industry. CNO’s survives by providing opportunities to clients for achieving financial stability. Generational differences pose different threats within a societal aspect and CNO is continually acting within an “adaptive mode” (Hunger, 2010) by hiring employees from different generations to accommodate.