Blog
Blog
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Happy Thanksgiving: Here’s What We’re Grateful For
By Greg Farrall, PPC®, CWS®, CPFA® After the extreme volatility of the last couple years, it’s a great time to express a little gratitude! Even though this year brought with it yet another set of challenges (and it would be all too easy to focus only on the bad), we are choosing to cultivate a […]
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Strategies to Help Reduce Capital Gains Taxes
By Greg Farrall, PPC®, CWS®, CPFA® When Snoopy wrote a letter to the IRS saying, “Dear IRS, I am writing to you to cancel my subscription,” most of us could definitely relate. And if you have an investment or asset you are going to be selling for a profit, the IRS will surely come calling. […]
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A Plan Sponsor’s Guide to Reviewing Plan Fees
By Greg Farrall, PPC®, CWS®, CPFA® As a plan sponsor, you have a lot of responsibilities to your employees—they’re even outlined on your own page on the IRS’s website! When providing retirement and healthcare plans to your employees, you must act in their best interest, maintain their accounts, and make the smartest investment decisions to […]
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5 Financial Decisions You Should Make Before the End of 2022
By Greg Farrall, PPC®, CWS®, CPFA® This past year has been stressful, to say the least. With a war in Ukraine, unsettling economic outlooks, and concerns about inflation, it hasn’t exactly been the smooth recovery from the pandemic we had hoped for. As overwhelming as these issues are, it’s always a good time to take […]
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How Women Business Owners Can Save for Retirement and Reduce Taxes
By Greg Farrall, PPC®, CWS®, CPFA® Women-owned businesses continue to grow in numbers throughout the U.S. In fact, 40% of businesses are owned by women. (1) While many business owners initially focus on building up revenues and reinvesting profits into the business, this can mean income and retirement savings fall by the wayside. It’s no […]
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Plan Sponsors: How to Know When It’s Time to Update Your Investment Options
By Greg Farrall, PPC®, CWS®, CPFA® As a sponsor of an employee retirement plan, you have a duty to assess investment options on an ongoing basis to ensure they are in line with your participants’ best interests. Not only that, but keeping your plan compliant requires you to replace poor performing investment options in a […]
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Life Lessons My Parents Taught Me
One of the joys of parenthood is passing wisdom on to the next generation (even if kids aren’tready to listen just yet!). Growing up, my father and I would go fly fishing together, wherethe lessons seemed to flow out of him like the ripples of the river. Lessons like: Have a legacy.Don’t be average, be excellent. […]
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The Top Mistakes Plan Sponsors Make: Part 2
In 2021, the Employee Benefits Security Administration (EBSA) collected $1.9 billion in qualified retirement plan violations and other enforcement actions. (1) As such, it’s more important than ever that plan sponsors are up to date on plan requirements and avoid costly mistakes. In our first article, we talked about the top four mistakes that retirement plan […]
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Wishing You a Happy Mother’s Day! (And a Fun Gift Idea)
Happy Mother’s Day to all the amazing and awesome moms out there! You deserve the very best and I hope you feel spoiled on your special day. Here’s the age-old question: What do you get an incredible mom who deserves the best? Flowers are the traditional choice (and COVID-free), and a spa treatment is now […]
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The Top Mistakes Plan Sponsors Make: Part 1
Sponsoring a workplace retirement plan is hard. Complying with ERISA regulations, understanding fiduciary responsibilities, and staying up to date on the ever-changing tax law are just a few of the challenges plan sponsors have to navigate. Because of these challenges, it’s not uncommon for plan sponsors to make mistakes. But as many of our clients […]
