Many folks have questions about their 401(k) dollars. How to access them and how to convert them moving forward. It can be confusing, but the CFS* wealth management advisors at Elevations can help you navigate your choices like the example below. Here’s the dilemma: You have a traditional 401(k) that contains both after-tax and pre-tax
When investing, particularly for long-term goals, there are two basic concepts you will likely hear about over and over again — diversification and asset allocation. Diversification helps limit exposure to loss in any one investment or one type of investment, while asset allocation provides a blueprint to help guide your investment decisions. Understanding how the
Read on to learn what you should know about your retirement benefits as a married individual.
If you are self-employed or own a small business and haven’t established a retirement savings plan, what are you waiting for? A retirement plan can help you and your employees save for the future.
Massive computer hacks and data breaches are now common occurrences — an unfortunate consequence of living in a digital world. Once identity thieves have your information, they can use it to gain access to your bank and credit card accounts, make unauthorized transactions in your name, and subsequently ruin your credit. Now more than ever,
Your credit score is based on your past and present credit transactions. Having a good credit score is important because most lenders use credit scores to evaluate the creditworthiness of a potential borrower.
If you’ve changed jobs in the past you know how confusing it can be to deal with your old 401k or other retirement plans. Often your options go unused due to the stress and general disruption that changing or losing your job can create. Below are several considerations to help you decide on the best option
Our members often have questions about annuities and their benefits. Favorable tax treatment is one of the main reasons for buying an annuity. So what exactly are the tax benefits? Are there any drawbacks? It’s important to know the answers to these questions before deciding whether to purchase an annuity. Of course, any information on
Conventional wisdom says that what goes up, must come down. However even if you view market volatility as a regular occurrence, it can be tough to handle when it’s your money at stake. Though there’s no foolproof way to handle the ups and downs of the stock market, the following common sense tips can help.
Our members often have questions about how to prepare for the future. When looking toward the future, health care may become more of a consideration. Who will take care of you as you get older? If you must live in a nursing home, how will you pay for it? By learning as much as you