403(b)

Nearly 80% of Near Retirees Failed or Barely Passed a Basic Social Security Quiz from MassMutual

Retrieved on: 
Wednesday, February 21, 2024
Accounting, Personal Finance, Professional Services, Finance, MassMutual, 403(b), News, Social Security, Social, Retirement, History, Confusion, CFP, Investment, Life insurance

The latest Social Security retirement benefits quiz of near-retirees from MassMutual exposes that too many – 78% -- failed or barely passed.

Key Points: 
  • The latest Social Security retirement benefits quiz of near-retirees from MassMutual exposes that too many – 78% -- failed or barely passed.
  • And 59% know that if they get divorced, they might be able to collect Social Security benefits based on their ex-spouse’s Social Security earnings history.
  • A surprising 45% of near retirees do not know the current full retirement age, however, most are knowledgeable about the consequences of receiving Social Security benefits before reaching their full retirement age.
  • 40% of near retirees believe Social Security benefits will be their biggest source of income in retirement followed by a 401k or 403b plan (17%), pension (13%) and investments (11%).

The Pacific Financial Group Launches NextGen Client Onboarding System

Retrieved on: 
Thursday, April 27, 2023
403(b), GPS, Nigo, Multimedia, Pacific Ocean, SDBA, 401(k), TAMP, Financial adviser, Customer service, Online shopping

BELLEVUE, Wash., April 27, 2023 /PRNewswire/ -- The Pacific Financial Group (TPFG), an SEC Registered Investment Advisory firm and early pioneer in Self-Directed Brokerage Account Management (SDBA), has announced the launch of its new client onboarding system – Guided Paperwork Solution (GPS), designed to streamline the client onboarding process and enhance the client experience.

Key Points: 
  • BELLEVUE, Wash., April 27, 2023 /PRNewswire/ -- The Pacific Financial Group (TPFG), an SEC Registered Investment Advisory firm and early pioneer in Self-Directed Brokerage Account Management (SDBA), has announced the launch of its new client onboarding system – Guided Paperwork Solution (GPS), designed to streamline the client onboarding process and enhance the client experience.
  • The new system has been developed in response to feedback from clients and advisors, who expressed the need for a more efficient onboarding process.
  • The system is designed to simplify and automate many of the steps involved in onboarding new clients, service existing accounts, reducing paperwork, and speeding up the process.
  • "We are thrilled to announce the launch of our new client onboarding system," said CEO Megan Meade.

Digital Profilers Announces New Focus on Educational Videos for Wealth Preservation

Retrieved on: 
Wednesday, April 26, 2023
403(b), IRA, IRAS, Silver, Retirement, Gold, 401(k), Bank, Vimeo

Las Vegas, Nevada, April 26, 2023 (GLOBE NEWSWIRE) -- DigitalProfilers.com is delighted to announce that it is shifting its focus to creating educational videos for wealth preservation and investing in precious metals.

Key Points: 
  • Las Vegas, Nevada, April 26, 2023 (GLOBE NEWSWIRE) -- DigitalProfilers.com is delighted to announce that it is shifting its focus to creating educational videos for wealth preservation and investing in precious metals.
  • People who are looking to preserve their wealth in these uncertain economic times will greatly benefit from the educational videos that DigitalProfilers.com now provides.
  • This is why information about wealth preservation is very important and relevant in the midst of this economic uncertainty.
  • The Gold IRA Rollover videos are quite popular and are a great place to start learning about wealth preservation.

LPL Financial Welcomes One2One Wealth Strategies

Retrieved on: 
Thursday, April 13, 2023
Business development, Partnership, LPL Financial, Partner, 403(b), RIA, Carlat, T-Mobile UK, Growth, Empathy, LPL, Sailor, Financial adviser

CHARLOTTE, N.C., April 13, 2023 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that One2One Wealth Strategies has joined LPL Financial’s broker-dealer, RIA and custodial platforms, aligned with Mariner Advisor Network.

Key Points: 
  • CHARLOTTE, N.C., April 13, 2023 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that One2One Wealth Strategies has joined LPL Financial’s broker-dealer, RIA and custodial platforms, aligned with Mariner Advisor Network.
  • We can be that support and continue to add value to those meaningful relationships.”
    Daxs Stadjuhar, National Managing Director for Mariner Advisor Network, stated, “Mariner Advisor Network is thrilled that One2One Wealth Strategies has joined our firm and LPL Financial.
  • With our support, One2One Wealth Strategies can focus on what they do best – helping their clients pursue their financial goals.
  • We look forward to a long-lasting relationship and exciting journey ahead with One2One Wealth Strategies.”

The Pacific Financial Group Lowers Fees on 36 SDBA Model Strategies

Retrieved on: 
Tuesday, February 28, 2023
Multimedia, Pacific Ocean, SDBA, Retirement, 401(k), Wilshire Associates, TAMP, 403(b), Financial adviser

"Our goal has always been to make top-tier investment management available and affordable to every retirement saver, regardless of account size."

Key Points: 
  • "Our goal has always been to make top-tier investment management available and affordable to every retirement saver, regardless of account size."
  • The TPFG mission is crystal clear: Improve investment outcomes for today's retirement plan participant to help them achieve financial independence and a worry-free retirement.
  • These strategies are available to advisors inside our award-nominated Strategy PLUS Model Portfolio program and incorporates a range of investment options from Active to Passive and Strategic to Tactical.
  • Founded in 1984, The Pacific Financial Group, Inc. (TPFG) provides financial advisors with a complete suite of programs dedicated to building, managing, and preserving wealth for every investor.

RMI Financial Services Network Unveils Program to Help Female Health Professionals Navigate Finances

Retrieved on: 
Wednesday, January 11, 2023
Retirement, 403(b), Woman, RMI, Nursing, Mare, Friends, 401(k), Education, Female, Financial adviser, Medicine

Chino, California--(Newsfile Corp. - January 11, 2023) - RMI Financial Services Network, a Chino, California-based financial services firm, unveiled their program designed to help female healthcare professionals prepare for retirement.

Key Points: 
  • Chino, California--(Newsfile Corp. - January 11, 2023) - RMI Financial Services Network, a Chino, California-based financial services firm, unveiled their program designed to help female healthcare professionals prepare for retirement.
  • In order to set up these women for a successful retirement, Founder Reggie Mares and her team help them protect their hard-earned assets.
  • RMI Financial Services Network's program encourages healthcare workers to save early and retire happy and stress-free.
  • "Very little financial information within the purview of our nurses or laboratory professionals generally helps with their retirement planning," Mares said.

Income Imbalance: Non-Retired Americans Knowingly Forgo Highest Social Security Payments

Retrieved on: 
Tuesday, September 13, 2022
Accounting, Asset Management, Professional Services, Finance, Income, IRA, Risk, London Stock Exchange, Retirement, Life, Portfolio manager, Foundation, Thought, Investment, U.S. Securities and Exchange Commission, Financial Industry Regulatory Authority, London, 403(b), SFA, Geography, Strategic partnership, 401(k), Solution, Paycheck, Social Security, Insurance, DC, Bryant Park, Communication, Social, Doorstep (company), Health insurance, Pension fund, Life insurance, Public relations, Financial adviser, Schroders, Newsroom

Almost one-third (32%) said they would take benefits before 70 because they are concerned Social Security may run out of money/stop making payments, and 31% said they expected they would need the money sooner.

Key Points: 
  • Almost one-third (32%) said they would take benefits before 70 because they are concerned Social Security may run out of money/stop making payments, and 31% said they expected they would need the money sooner.
  • Close to half (48%) of non-retired Americans surveyed plan to begin taking Social Security between the ages of 62-65 (before reaching full benefit age), 19% plan to file between ages 66-69, and 22% are unsure when they will claim Social Security.
  • What period of life after age 65 do non-retired Americans expect to be the most expensive?
  • Given increasing life expectancies and widespread concerns about not being able to live comfortably without a paycheck, the advantages of creating a retirement income strategy that maximizes your Social Security benefits cant be overstated.

Transamerica Financial Advisors, Inc. Launches LinkedIn Content Initiative to Give Awareness of Gaps in the Pension Systems of Public Employees

Retrieved on: 
Tuesday, July 26, 2022
403(b), Transamerica, Child, Parent, Human, Learning, Income, LinkedIn, Financial adviser, Life insurance

Financial professional, Nadia Reesman, is helping public workers to safeguard their life's earnings by creating a more predictable retirement income with their 401Ks and defined contribution plans.

Key Points: 
  • Led by Nadia Reesman, this initiative is educating public workers on the drawbacks of their current pension plans and strategizing to help them create potential supplemental lifetime income, with their 401Ks and defined contribution plans.
  • "Most public employees currently rely on the pension plan chosen by their employers, without learning how to maximize their additional personal savings of tax-deferred plans (401Ks, 403b, or 457).
  • This blind faith in their employers could leave their contributions and lifetime income unprotected and easily affected by market risks and downturns," Nadia mentioned.
  • As a FINRA Registered Representative, Nadia's services include retirement income strategies with indexed and variable annuities , insurance protection and long-term care planning.

Annuity Ownership Drives Retirement Savings Confidence, Athene Finds

Retrieved on: 
Monday, June 6, 2022
Goal, 403(b), Ownership, Product, Awareness, Retirement, Senior, Solution, Growth, Social Security, GLOBE, Counselor, Social, Financial adviser, Life insurance, Insurance, Online gambling

WEST DES MOINES, Iowa, June 06, 2022 (GLOBE NEWSWIRE) -- While nearly half of American adults saving for retirement (49%) feel that they are on track to reach their retirement savings goals, annuity ownership can truly differentiate their outlook for the better, according to a recent study from Athene, a leading provider of retirement savings products.

Key Points: 
  • WEST DES MOINES, Iowa, June 06, 2022 (GLOBE NEWSWIRE) -- While nearly half of American adults saving for retirement (49%) feel that they are on track to reach their retirement savings goals, annuity ownership can truly differentiate their outlook for the better, according to a recent study from Athene, a leading provider of retirement savings products.
  • While 18% of annuity owners saving for retirement say they are primarily relying on their annuity or annuities, the vehicles Americans at large are counting on vary.
  • However, over half of adults saving for retirement (58%) agreed that their retirement savings strategy will be more risk averse as they approach retirement.
  • Financial professionals and retirement savers need to know that the tax benefits, downside protection, and growth potential they seek in a retirement savings vehicle can all be found in an annuity.

Make Way for Women Investors: Record Numbers, Higher Returns - Fidelity Study Finds 50% Increase in Women Investing Outside of Retirement, New 10-Year Analysis Reveals Women Out-Performing Men

Retrieved on: 
Friday, October 8, 2021
Banking, Professional Services, Finance, Man, Technology, Standard & Poor's Depositary Receipts, Fidelity Investments, S&P, Investment, Bankrate, Risk, Behavior, Income, FMR, Male, Customer engagement, Decision-making, Roger G. Ibbotson, St. Louis Fed Financial Stress Index, United States Department of the Treasury, Divorce, 403(b), Goal, Multimedia, Time, Growth, Sleep, Retirement, Education, Research, Workplace, Standard, Ageing, Nature, Woman, Personal, Knowledge, DC, FDIC, Government, Financial adviser, Life insurance, Bank, Financial services, Pharmaceutical industry, Risk management, the Fidelity Investments 2021 Women and Investing Study, Fidelity Investments, THE FIDELITY INVESTMENTS 2021 WOMEN AND INVESTING STUDY, FIDELITY INVESTMENTS

(Graphic: Business Wire)

Key Points: 
  • (Graphic: Business Wire)
    In 2018, Fidelity was already seeing a notable uptick in women getting more hands-on with their finances.
  • That momentum has continued, even as the pandemic has disproportionately impacted women in terms of financial stress and job security.
  • Theres been a 37% increase in women taking advantage of Fidelity guidance over the last two years, which has accelerated since the onset of the pandemic.
  • Locked rate savings returns are calculated using national average CD rates for 1-, 2- and 5-year CDs from BankRate.