401k

The Power of 1% More [Video]
Team SummitEmployee Financial Resource Center, Retirement PlanningComments are off for this post
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In this short video, Prudential explains how impactful saving as little as 1% more of your annual income can be for your retirement.   Securities and investment advisory services are offered solely through Ameritas Investment Corp. (AIC). Member FINRA/SIPC. AIC, Summit Group of Virginia LLP, and Prudential are not affiliated. Additional products and services may be available through  Read More →
Layoffs? Your Plan May Experience a Partial Plan Termination
Team SummitEmployer Resource Center, Plan Operations & AdminComments are off for this post
A partial plan termination occurs when 20 percent or more of a company’s employees are laid off in one year. Routine turnover during the year is generally not considered a partial plan termination. To determine whether your turnover rate is routine, consider the following factors: • What was your turnover rate during other periods and  Read More →
Should You Rock Alternative in Your Lineup?
Team SummitEmployer Resource Center, Plan InvestmentsComments are off for this post
The term “alternative investments” may conjure images of classic automobiles, fine wine, rare art and valuable jewels. Some may think about the Honus Wagner baseball card that sold for $3.12 million at auction in 2016. Or about the 1962 Ferrari 250 GTO that sold at auction for a whopping $34.65 million in 2014. Or maybe  Read More →

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