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Keep Track of Your Beneficiaries

Money Talk

Who is going to get what you someday leave behind in life insurance policies and/or tax-deferred retirement accounts? Beneficiary Use- Beneficiary designations are required for life insurance policies, individual retirement accounts (IRAs), employer retirement savings plans (e.g.,

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Annuity Myths and Facts

Money Talk

An annuity is a contract between an investor and a life insurance company. Annuities are sold by insurance agents, stock brokers, and other financial advisors. What Not to Do - Annuities are generally not appropriate for qualified retirement plans such as 401(k)s or IRAs. Look for highly rated, low-expense vendors.

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Common Estate Planning Misperceptions

Money Talk

My Will States Who Gets my IRA - Two of the largest assets for many people, life insurance and qualified retirement plans (e.g., 401(k) and 403(b) plans and IRAs) are transferred via beneficiary designation- not via a will. Without estate planning documents (e.g.,

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Holistic Wellness: 4 Benefits for a Better Plan

Best Money Moves

Financial coaching and savings programs can help employees better manage their current finances while also planning for the future, helping to reduce day-to-day financial stress. Offering benefits such as tuition reimbursement and life insurance subsidies can be especially helpful for working parents.

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Financial tips for your LGBTQ+ community

Employee Benefits

The personal finance benefits to married LGBTQ couples have expanded by leaps and bounds in the last decade since same-sex marriage was legalized. These individuals are 5% less likely to have a 401(k) or retirement plan and 12% less likely to have an IRA. These should be reviewed regularly and updated as needed.

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Employee Benefits Providers: What Employers Need to Know

Empuls

Principal Financial Group : Specializing in retirement plans, insurance, and financial wellness programs, Principal Financial Group is a top choice for companies looking to enhance their employees' financial security. Their services include 401(k) plans, pension plans, and personalized financial planning.

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Financial and Lifestyle Concerns of Retirees

Money Talk

traditional RIRAs and 401(k)s). Having just tax-deferred accounts that postpone taxes to the future can be an expensive “tax bomb” that explodes in later life. Present Bias- A common error of younger retirees is thinking that their life will always look the way it does today (i.e., their health and ability to do things).

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