A retirement plan is often established at one point in a company’s history and then left largely unchanged. Meanwhile, the business keeps evolving. Employees are hired. Payroll increases. Ownership changes. New goals take shape. What worked well five years ago may no longer be a good fit today. The Problem: Read more
Financial literacy isn’t just about managing money; it’s about developing the mindset and skills needed to make informed financial decisions throughout life. It’s understanding how money works, how to budget, how to save, how to invest, and how to use credit wisely. It’s knowing the difference between needs and wants, Read more
A “legacy” retirement plan is a plan that hasn’t materially changed for a substantial number of years. Such a lack of plan evolution can interfere with the very goals the plan was originally designed to achieve. For years, many employers have relied on the adage, “If it’s not broken, don’t fix Read more