IRA

The SECURE Act: Legislation to Help Americans Save More for Retirement
Team SummitEmployee Outcomes, Employer Resource Center, Fiduciary GovernanceComments are off for this post
It’s no secret that Americans are not saving enough for retirement. The U.S. Government Accountability Office (GAO) recently reported that 48 percent of households aged 55 and over have no retirement savings. To address this issue, a new retirement-related bill is making its way through Congress, The Setting Every Community Up for Retirement Enhancement (SECURE)  Read More →
Ten Reasons to Roll Over Into Your Plan vs an IRA
Team SummitEmployee Outcomes, Employer Resource CenterComments are off for this post
Chances are, you have employees with assets in a prior employer’s retirement plan. When new employees are hired, often times wading through health insurance paperwork and tax forms take priority over doing something about their old 401(k). It can become a forgotten piece, until something sparks the desire to take action – perhaps receiving a  Read More →
Late to the Retirement Savings Game? [Infographic]
Team SummitBudgeting & Debt, Employee Financial Resource Center, Financial Planning, Retirement PlanningComments are off for this post
With a little planning and a commitment to saving, it’s never too late to get ahead. Here’s how:   No retirement plan can ever work if you spend everything you make. While it may seem like a sacrifice now, trimming anything out of your budget that isn’t a necessity will free up money to bankroll  Read More →

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