inflation

Speaking of One Percent: Nudging Employees to Save More
Team SummitEmployee Outcomes, Employer Resource Center, Fiduciary Governance, Plan Operations & AdminComments are off for this post
Since the contribution limits were recently raised by 10% for 401(k), 403(b), and most 457 plans (to $22,500), we thought now might be a good time to share creative ways to communicate to your participants the benefits of increasing contributions to their retirement plan. These new, higher limits could strengthen their retirement goal, but participants  Read More →
Economic Update & Key Reminders
Team SummitEmployee Financial Resource Center, Financial Planning, Investment Management, Retirement PlanningComments are off for this post
What’s happening with the markets? This is always a loaded question, and it’s never just one factor. Thus, let’s focus on what we believe are the primary factors, and those are inflation and rising interest rates. As we all know by now, prices for just about everything have skyrocketed – up about 8.6%, on average,  Read More →
Financial Lessons from Your Favorite Flicks: Grab the Popcorn!
Team SummitBudgeting & Debt, Employee Financial Resource Center, Financial Planning, Retirement PlanningComments are off for this post
With Oscar’s season upon us, many make it a point to indulge in the year’s top movies. When you pay a visit to the movie theater or curl up on the couch to see that much-awaited flick, you’re probably looking for 90 minutes of uninterrupted entertainment, not a lesson in personal finance. But whether you’re  Read More →

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