Coronavirus and its Impact on the Stock Market
If you have been watching the markets’ response to the recent worldwide Coronavirus outbreak (COVID-19), you may wonder about the status of your investments. There’s no question that this health scare has had an impact on the markets, both in terms of stock prices and the recent bond rate slash by the Federal Reserve.
401(k) Plans Are Stronger Than EverIt’s common to see “doom and gloom” headlines regarding the retirement accounts of American workers. While the average American has some work to do in order to get their 401(k) to an optimal point, it’s important to note the great strides that have been made...
How Do Recent Changes to Hardship Distributions Impact My Retirement Plan?
If your defined contribution retirement plan (e.g., 401k, 403b) offers the option for participants to withdraw funds through a hardship distribution provision, you should be aware of recent changes proposed by the IRS.