Dividing retirement assets during a divorce can be complex. While couples typically divide their shared property, plans like 401(k)s and 403(b)s require a specialized court order known as a Qualified Domestic Relations Order (QDRO). This crucial document ensures a smooth and compliant division of these retirement funds.
Jenny has been involved in the financial services industry since 2016. She completed several internships, two of which were with Bridgeworth Financial. She went on to become an associate advisor at Bridgeworth until it joined with Savant in 2023. Jenny earned a bachelor of science degree in consumer affairs and a master of science degree […]
Elections have the ability to stir up emotions like nothing else, and even at this early stage in the election cycle, this presidential race has already moved into that territory. While political debate is healthy from a democratic process perspective, it can be dangerous if you allow politics to influence your investment decisions.
Acclaimed author and Nobel laureate Daniel Kahneman’s passing leaves a mark on psychology and economics. His research on decision-making biases offers valuable lessons for retirees navigating investments. Here are four key takeaways from his work.
Have you ever opened a bank account for a temporary purpose, like holding house sale proceeds? These accounts might seem insignificant, but if you forget to designate beneficiaries, they can create a major headache for your loved ones after you’re gone.
While self-directed brokerage accounts (SDBAs) may entice employees with their vast investment choices, offering them within your retirement plan requires careful consideration. This article explores the fiduciary issues your committee must address to navigate the potential benefits and risks.
Just like a good spring cleaning refreshes your home, financial decluttering can revitalize your financial life. It helps you organize your money matters, reduce stress, and feel more in control of your financial future. Here are five key strategies to get you started.
In today’s fast-paced world, achieving financial stability and security has never been more crucial, yet it often takes a back seat. Whether you’re nearing retirement or a few years away, watch this recorded webinar to learn more about strategies to enhance your financial fitness.
Leaving old retirement accounts behind is a surprisingly common practice, with billions of dollars sitting dormant across the U.S. While this may seem like a win for organizations saving on service fees, the reality is more complex. Neglected accounts create burdens for both employers and employees.
Our talented team members hail from all over the country – even the world. We know what it’s like to work with friends, family, and neighbors who prefer a little “Main Street” perspective over Wall Street rhetoric. Our team works together toward a shared goal, combining their knowledge of investments, estate planning, tax planning, wealth […]
While reviewing your estate planning documents may not be at the top of your to-do list, it’s a crucial aspect of financial preparedness. Like regular medical checkups, proactive attention ensures your estate plan aligns with your current circumstances and legal landscape.
Planning for retirement is more than just crunching numbers and chasing a dollar figure. It’s about entering your next chapter with the right frame of mind. A hidden obstacle may be a scarcity mindset. Let’s explore how this mindset can derail your retirement dreams and what you can do to overcome it.