Articles from Your Financial Advisor in Santa Clarita
Here you’ll find clear, practical articles written by a fee-only fiduciary financial advisor in Santa Clarita. Whether you’re planning for retirement, looking to reduce taxes, navigating Medicare, or thinking about estate planning and legacy, you’ll find straightforward guidance. For personalized support, explore our Financial Advisor Services, Financial Planning for Individuals, or Business Retirement Plan Services.
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Balancing Act: Income, Expenses and Withdrawals.
In projecting what you’ll need to save in order to generate enough retirement income, it helps to (1) prepare a realistic household budget and (2) understand what types of expenses you’ll have once you stop [...]
2018 Success…and Turbulence. Auto-enrollment is Popular in 401k Retirement Plans.
401k Results improve with thoughtful use of auto features The assumption when plan sponsors began to include auto features in their 401(k) plans was that participation rates and deferral amounts would increase — but no [...]
Ask Erick: How can we help our employees make better decisions about their retirement?
Q: We know that emotion plays a role in money, and therefore retirement. What are some ways we can help employees offset less-than-rational emotion and thus make better decisions about their retirements? A: Behavioral economics [...]
Ask Erick: Can we help “termed” employees not cash out their 401k?
Q: In reviewing employment data at our company, we were surprised to find the average time our employees stay with us to be about 6 years. Considering that many employees who leave us take a [...]
Pension Plan Limitations for 2019
Looking to max out your contributions to your retirement plan? Here are your limits: 401(k) Maximum Participant Deferral $19,000* *$25,000 for those age 50 or over, if the plan permits Defined Contribution Maximum Annual Addition [...]
Financial Literacy: Employees Who Know More Save More
Financial wellness and financial literacy is important for individuals and their employers, in part because of the role it may play in retirement. Individuals benefit when they are financially healthy, because it makes them more [...]