Retirement Planning for Teachers and Public School Workers

The ability to enjoy a secure retirement is an objective that many teachers and their colleagues pursue years before they leave their jobs. Many public school workers, in different positions, devote...

Pre-Retirement Planning for Banking Professionals

As retirement becomes more than just a vague future concept, you may begin to feel pressure to develop a more concrete plan for your income, your spending, your asset allocation, and your withdrawal...

IRS Offers Relief to Retirement Plan Participants

On June 19, 2020, the Internal Revenue Service announced new guidelines to help those affected by COVID-19 gain more access to retirement plan distributions and loans. The IRS expanded the categories...

How to Save For Retirement and Avoid Overspending During Your Career

You know you want to enjoy your retirement, but getting to that point can feel difficult. Worried that you're not saving enough? Trying to get your spending under control? These problems are common ...

Financial Planning Tips for Small Business Owners

When you're a small business owner, you need to pay extra careful attention to both your business and personal finances. Your financial planning strategies should simultaneously encourage...

How Can Companies Build Trust with Employees During the Stages of Reopening?

Building trust with employees while reopening a business is only successful when employees feel confident that the company or organization supports and values them.  The COVID-19 crisis...

The Nasty “Business Interruption” Insurance Fight

Restaurants, hotels, gyms and other businesses that were forced to close due to COVID-19 are now battling their insurance companies over their business interruption insurance and have asked the federal...

New Spending Package Includes Sweeping Retirement Plan Changes- SECURE Act

The $1.4 trillion spending package enacted on December 20, 2019, included the Setting Every Community Up for Retirement Enhancement (SECURE) Act, which had overwhelmingly passed the House of Representatives...

Changing Jobs. What Should I Do With the Money in My Plan?

Changing jobs is an important decision -- one that many of us are making more often. Once you've decided to switch jobs, your next move is to determine what to do with the money in your former employer's...

The Inflationary Impact of COVID-19 Stimulus

The coronavirus outbreak, which was first detected in China, has infected millions of people in hundreds of countries and has left global governments, businesses, families and individuals around the...

Longevity Risk and Retirement Income

How long might you live in retirement? Think carefully. Your answer could influence whether you have enough money for a comfortable retirement or just scrape by.

According to pension mortality...

403b Plans and Saving for Retirement

In 1958, the Internal Revenue Service (IRS) created 403(b) plans to encourage employees of certain organizations to begin saving for retirement. In 2001, the Economic Growth and Tax Relief Reconciliation...

Retiring Business Owners - Plan for Succession

If you’re a small business owner, you’ve invested a great deal of time and effort into building your company. With day-to-day demands, it may be difficult to imagine your eventual...

5 Big Problems to Solve Before You Retire

It seems, sometimes, as though financial professionals come in only two flavors.

There are those who promise everything is going to be fine; you don't have to fret about retirement, they say,...

Family Business—Laying the Groundwork for Potential Success

Is your growing business still a one-person operation? As your company continues to grow and the workload increases, it is easy to find yourself wearing too many hats and not having enough hours...

Hats Off to Public Service Workers During the Coronavirus

While many people have been furloughed and others are working from home, public service workers have continued to show up at work every day as the coronavirus spreads through the United States. During...

2020 CARES ACT Small Business Employer FAQ – Key Provisions

During this stressful and uncertain time, Planned Financial Services is here to help you with understanding all the new resources and financial assistance available for small businesses...