Archive for January, 2019

Hoping For A Century?

Thursday, January 17th, 2019

FMI: Hoping For A Century?

It’s funny, sometimes I run into people in the street who ask me how my grandfather is doing – not because they know him, but because I quite often write about him and how his advice has had such an influence on me.

I recently returned from Australia where I visited my grandfather each day in his nursing home. It was hard to see the change in him and how, at 99 years old, his body is clearly shutting down. His 100th birthday is in March and, as we say in Australia, “He has had a good innings.” But the question is, will he bat a century?  (more…)

Reminder: Check Your Tax Withholding

Tuesday, January 15th, 2019

FMI Check Your Tax Withholding

The Tax Cut and Jobs Act of 2017 included several provisions that could affect the taxes you pay in 2018 and in the future. If you haven’t already done so, be sure to check with your HR department or benefits manager to verify that you are not under- or over-withholding federal and state tax payments.

When Employees Ask For Advice About Retirement Savings

Friday, January 11th, 2019

When Employees Ask For Advice About Retirement Savings

Employees may ask you for advice about how much of their income they should be saving for retirement, how much they should already have saved, and how much they will need. It’s never a good idea to give one-size-fits-all answers to these important questions, but it’s good that you’re interested in helping participants learn more.

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How Student Loan Debt Impacts Retirement Savings

Thursday, January 3rd, 2019

FMI: How Student Loan Debt Impacts Retirement Savings

If your workforce includes recent college graduates, it’s likely that some of them have debt associated with their college years. Student debt may play a large part in the finances of these young (and even not-so-young) employees; that’s why a complete picture of employee financial wellness should consider it. (more…)