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We’re excited to release the updated "Guide to Governmental Defined Contribution Plans"—a must-read for trustees, board members, plan sponsors, and administrators involved in public sector retirement plans. The guide dives into the complexities of public sector DC plans offering: ✅ A clear breakdown of plan characteristics ✅ Practical tools and insights for effective plan management ✅ FAQs and a glossary of key terms Designed to help you optimize retirement outcomes for government employees, this resource is packed with actionable information and direct links to NAGDCA’s extensive resources. 🔗 Access the Guide today: https://lnkd.in/gJi8XZ6P

Last Chance to Register: Master Retirement Plan Fees in Our Live Webinar!   Forfeitures are part of a company’s 401k plan. And just when you think you’ve got a handle on them, new court cases can make us second guess ourselves on how to utilize them. Join us tomorrow for an essential webinar where we'll decode the intricacies of retirement plan fees, explore key fee arrangements, and examine recent legal developments that affect plan sponsor decisions.   Register Here: https://lnkd.in/gRQTk5PZ   #planfee #srpretirementgeeks

Have you left any #money behind? $2.8 million dollars in retirement accounts are left behind each year. It's pretty common when people change jobs but also completely avoidable. You have a few options with your #401k or retirement accounts when making a switch: 📌 Leave your 401k with your previous employer 📌 Roll it over to your new employer's 401k (if allowed) 📌 Cash it out (resulting in taxes and fees) 📌 Roll it over to an IRA No one will remind you of your left behind money and it's easy to forget all about it. So here's your reminder. If you'd like a complimentary review of your retirement plan options, I'm happy to help. Feel free to message me to reach out. ————————— I Want To Help You Get Your Financial Sh*t Together 📍Message me for a FREE 💰Talk ✔️Follow me 🛒Have you played my money game?  📝 Receive a free Financial & Health Care Power of Attorney on us ($500 value)

Employer retirement plan committees, it's time to take your fiduciary duties seriously! Regular evaluations of your plan providers are not just a best practice—they're crucial for ensuring the integrity and effectiveness of retirement plans. Implementing a structured evaluation process not only fulfills your fiduciary obligations but also safeguards your employees' financial futures. Let's ensure we’re always acting in their best interest! 💪💼 #RetirementPlanning #FiduciaryResponsibility #EmployeeBenefits #InvestSmart Learn more at: https://lnkd.in/efFu4CkS #FinancialAdvisor #CGFinancial #FinancialServices #MyCGJourney

Great article! 🎯 We specialist advisors know the fair and reasonable charges specific to 401ks which are quite different than Wealth Management and we provide much more comprehensive service needed for a retirement plan which will ultimately help people have better outcomes!

At age 62, you can finally start receiving Social Security payments — but postponing your benefits could earn you bigger payments in the long run. One of the first big decisions we're faced with as we approach retirement is when to claim our benefits — and timing is important. Learn the ins and outs and start planning for a smart retirement today.

The U.S. Department of Labor (DOL) has unveiled its proposed “Retirement Security Rule” which redefines and expands those that qualify as an “investment advice fiduciary” under ERISA. Proponents of the Rule say the updated fiduciary rules can increase the integrity of both retirement plan management and plan performance by raising the standards for fiduciary investment advice. The Rule is intended to more accurately capture those who administer investment advice that implicate retirement plans, including individual account plans such as 401(k)s and IRA plans. If this Rule passes, those individuals need to be aware of this Rule’s definitions and the associated standards of care for their professional advice under ERISA. Learn more from Bell Nunnally’s Sydnie Alexis Shimkus here: https://lnkd.in/gvfznnmB.

Women often face unique challenges that can impact their financial security in retirement, such as lower wages, time out of the workforce for caregiving responsibilities, and longer life expectancies. It's important to set clear retirement goals and create a savings plan to achieve them. Take advantage of employer-sponsored retirement plans like 401(k)s and IRAs, and contribute as much as you can afford. Consider working with a financial advisor to develop a personalized retirement strategy that takes into account your unique circumstances and goals. Additionally, stay informed about changes to retirement policies and programs that may affect your financial security.

As a bp professional, did you know the retirement date you choose can significantly affect both your retirement funds and tax bill? In our recent webinar, John Siegel, CFP®, EA, Sr. Wealth Manager, and WJA's BP benefits expert, dives into the most important things you need to know before choosing your BP retirement date. Learn more here: https://hubs.li/Q02tPfzD0

We’re thrilled to share that Michelle Bennett, CFP®, executive vice president at Newport Capital Group, has been featured in U.S. News & World Report, where she provides her specialist perspective on the SECURE 2.0 Act and its upcoming changes in 2025. Michelle discusses how the act’s new provisions, including increased catch-up contributions and automatic enrollment in retirement plans, will benefit those preparing for retirement. Her insight highlights our ongoing commitment to financial education and client empowerment. Check out the full article here: https://lnkd.in/eV4ex3Zp #NewportCapitalGroup #retirementplanning #financialplanning