"If you’re thinking about getting in, and you don’t, you better not hope you run into a 401k Coach candidate, because they’ll take you out every time"
~ T. Masin, 401k Coach® Member
~ T. Masin, 401k Coach® Member
June 2012
Adding Things Up: Many Factors Go into Determining the Success of a 401(k) Plan
June 7, 2012 (comments: 0) | add a comment >
Share on linked inCharlie Epstein, of Epstein Financial Services, 401K Coach, and author of Paychecks for Life, was recently featured in BusinessWest about the many factors involved with successful 401(k) plans.
The future retirement of many Americans depends on the success of their retire-ment plans. Although some believe that Social Security will be enough to provide a satisfactory standard of living in retirement, the administration’s funds are quickly running dry; Social Security trustees estimate that funds will be completely depleted by 2038.
Click here to view the entire article.
Tired of Taxes? A Cash-Balance Plan May Be the Answer to the Problem
June 7, 2012 (comments: 0) | add a comment >
BusinessWest has featured Charlie Epstein article on wealth building techniques.
What can successful business and professional entrepreneurs do to reduce rising taxes and create greater wealth for themselves? A cash-balance plan may just be what the doctor ordered. High-net-worth individuals have a constant need to maximize the bottom line. In addition, many have their retirement future locked up in the value of their company, with the hope of one day unleashing that value with the sale of the business. One effective way to accomplish the goals of reducing taxes and maximizing the value of your business on an ongoing basis is to generate higher tax deductions by accelerating contributions to your company-sponsored retirement plan. Now may be just the time to re-evaluate your current retirement plan design to achieve both outcomes.
Click here to view the entire article.
What can successful business and professional entrepreneurs do to reduce rising taxes and create greater wealth for themselves? A cash-balance plan may just be what the doctor ordered. High-net-worth individuals have a constant need to maximize the bottom line. In addition, many have their retirement future locked up in the value of their company, with the hope of one day unleashing that value with the sale of the business. One effective way to accomplish the goals of reducing taxes and maximizing the value of your business on an ongoing basis is to generate higher tax deductions by accelerating contributions to your company-sponsored retirement plan. Now may be just the time to re-evaluate your current retirement plan design to achieve both outcomes.
Click here to view the entire article.
The Qualified Deferred Investment Account
June 7, 2012 (comments: 0) | add a comment >
Charlie Epstein wrote an article for BusinessWest entitled "The Qualified Deferred Investment Account" and explains how it acts like a fiduciary 'get out of liability free' card.
In the game of Monopoly, no one ever wanted to get sent to jail and miss out on the $200. Everyone loved to get the ‘get out of jail free’ card. When it comes to managing their company’s 401(k) retirement plan, every plan sponsor fiduciary would love to stay out of the Department of Labor’s (DOL) crosshairs and have a fi duciary ‘get out of liability free’ card.
Click here to see the rest of Charlie's article in BusinessWest.
In the game of Monopoly, no one ever wanted to get sent to jail and miss out on the $200. Everyone loved to get the ‘get out of jail free’ card. When it comes to managing their company’s 401(k) retirement plan, every plan sponsor fiduciary would love to stay out of the Department of Labor’s (DOL) crosshairs and have a fi duciary ‘get out of liability free’ card.
Click here to see the rest of Charlie's article in BusinessWest.