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June 17th, 2016 |
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ASK THE EXPERTS
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| “Our recordkeeper insists that the final loan regulations require repayment of the loan upon termination of employment, but I have argued with them that this is not the case. Is the recordkeeper correct, or am I correct?”Read more > |
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| Parents Put Paying for College Over Retirement SavingsThirty-seven percent of U.S. parents say their children’s education is more important than their own retirement savings, according to a survey by HSBC Group. Sixty percent of U.S. parents would go into debt to fund their child’s college education.Read more > | Millennials Retirement Savings on Par with BoomersSixty percent of Millennials have less than $10,000 saved for retirement; however, that’s roughly the same amount as Baby Boomers have.Read more > | Fidelity Launches Financial Wellness Help ToolFidelity launched an interactive money checkup that analyzes the diverse needs of individuals and provides guidance so they can easily take action.Read more > | | Employers surveyed by CareerBuilder were also asked to reveal the most unusual or most memorable things they have caught an employee doing when they should have been working.Read more > | | David Levine and David Powell, with Groom Law Group, and Michael A. Webb, vice president, Retirement Plan Services, Cammack Retirement Group, will field your questions concerning 403(b) plans and regulations. Send them to rmoore@assetinternational.com with Subject: Ask the Experts. Answers may be printed in future (b)lines. This feature is to provide general information only, does not constitute legal advice, and cannot be used or substituted for legal or tax advice. |
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