Employees

Helping You Reach Retirement

RSS
Investor Behavior

Investor Behavior

  • 1/22/2018 5:50:00 AM
  • View Count 300
 When it comes to money and investing, we're not always as rational as we might think we are. Many investors are influenced by market volatility, global events, and other information. Unfortunately, these external influences can cause us to buy into, or sell out of the market with poor results.Consider this, During the 20-year period from 1995 until 2015, the S&P 500 returned an average of 8.2% per year, while the typical equity investor achieved only 2.1% for the same period. That's a hug...
Read More
Target Date Funds

Target Date Funds

  • 12/18/2017 12:36:00 PM
  • View Count 334
 Target date funds are becoming a very popular option for retirement investors. But what are target date funds? And, how do they work? The answers to these questions are what you need to know to help decide if this investment option is right for you.Target date funds are mutual funds that get their name because the investment strategy for each is tied to the year an investor would “target” to begin retirement. Target date funds automatically resets the asset mix of stocks, bonds and ca...
Read More
The Benefits of a Diversified Portfolio

The Benefits of a Diversified Portfolio

  • 10/11/2017 5:25:00 AM
  • View Count 470
 Investing would be easy if markets rose in a straight line. Unfortunately that is rarely the case. Diversification can help an investor manage risk and reduce the volatility of an asset's price movements. Remember though, that no matter how diversified your portfolio is, risk can never be eliminated completely. A basic, diversified portfolio might include several investment categories such as stocks, bond and cash. Your allocation to each of these broad categories should be based upon your...
Read More
What Is Roth 401(k)?

What Is Roth 401(k)?

  • 8/14/2017 4:57:00 AM
  • View Count 771
  If I told you that you could have tax-free income during retirement, would I have your attention? Sound too good to be true? Well, you can! Most of the plans we manage for our clients have a provision in them called Roth. Unlike your typical 401(k) account, a Roth account is an after-tax source of money, which means the contributions from your paycheck will be taxed today at your current tax rate then deposited into your account. Here’s the free part that got your attention. Wi...
Read More
Maximizing Social Security Benefits

Maximizing Social Security Benefits

  • 7/14/2017 4:59:00 AM
  • View Count 449
  Did you know that for more than half of the people claiming retirement benefits, Social Security makes up 90% or more of their retirement income? That places a very heavy dependence on Social Security for those individuals. Unfortunately, many people lack the education and knowledge on this important benefit. Many people mistakenly think that when they hit a particular age, like 65, Social Security checks start rolling in automatically. They aren’t aware that there are a number...
Read More
Am I On Track?

Am I On Track?

  • 6/14/2017 5:01:00 AM
  • View Count 390
  The most common question from participants in retirement plans is, “Am I on track to reach my retirement goal?” To help you answer that question, we recommend our easy, 3-step “Retirement Checkup.”Step 1. Review your retirement investments and total the amount of money you currently have in all your retirement accounts like 401(k)s, traditional IRAs, Roth IRAs, even investments in taxable accounts earmarked for retirement. Next, calculate the percentage of you...
Read More
Designate a Beneficiary

Designate a Beneficiary

  • 5/14/2017 5:03:00 AM
  • View Count 355
 In your retirement plan account, you’re saving money for your future- which we hope will be a long and happy one. But, most of us are probably not immortal- and that means at some point we’ll need to know who you would like to receive this money in the event of your death. We call that person your beneficiary. Actually, you can name more than one person to be a beneficiary.We find that people often forget to add a beneficiary or forget to update this important information in th...
Read More
Take the ABG Michigan 1% Challenge

Take the ABG Michigan 1% Challenge

  • 4/14/2017 5:07:00 AM
  • View Count 404
 Traditional Pension plans that pay a guaranteed benefit are almost extinct. And for most people, Social Security does not provide enough retirement income to live comfortably. As a result, you need to take responsibility for your own retirement savings. This means you need to periodically increase the amount you contribute to your retirement plan to reach your retirement goals.We recommend taking the ABG Michigan 1% Challenge! Increase your contribution rate by just 1% each year. And every...
Read More
Do You Qualify For The Saver’s Credit?

Do You Qualify For The Saver’s Credit?

  • 4/14/2017 5:05:00 AM
  • View Count 459
 Did you know that you could potentially receive a tax credit for saving money for your retirement? Depending on your adjusted gross income on your tax return, you could receive a credit of up to 50% of your contribution to your retirement account, up to a maximum of $2,000. That’s a pretty good deal.This is called the Saver’s Credit, and its purpose is to encourage low to middle-income earners to save for retirement.To take advantage of the Saver’s Credit, you must be abl...
Read More
Password Security

Password Security

  • 3/14/2017 5:09:00 AM
  • View Count 335
 All of us at ABG Michigan are committed to helping you succeed on your path to retirement. And since we share important information about your retirement account on our Retirement Plan Portal, we’re taking two new steps to improve your security when you visit us.First, we’re making passwords stronger. From now on, you’ll need a password that’s at least nine characters long and there are a few more requirements to keep in mind: Your password must contain both letter ...
Read More
Page 1 of 2 FirstPrevious [1]2 Last