Posts

Divorce: Diving Retirement Assets

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There are certain times in life when you are faced with a lot of important financial decisions over a short period of time, with which you may have never previously dealt. During a divorce is one of those times. The situation is made even…

4 Common 401(k) Pitfalls

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  If you are saving for retirement, like many Americans, your main vehicle to do so is probably some form of defined contribution plan such as a 401(k) or 403(b) plan. The problem is the average American is not saving enough and many…

Newly Enacted DOL Rules: What Affect Will They Have on my Retirement Savings?

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  There has been a notable amount of discourse concerning the “new” Department of Labor (DOL) rules regarding retirement plans, and specifically Individual Retirement Accounts (IRA), in the financial news over the last several months. Most…

It’s Critical to Understand RMDs

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        What exactly is an RMD? Why is it “critical” to understand RMDs? What details should everyone know about RMDs? How much does the RMD have to be? How do RMDs affect a married couple? Are there any planning…

How's the Economy REALLY Doing Now?

      All we seem to hear is how bad things are, what's really going on? Why is the good news being drowned out? What should we be doing with our money right now? Watch Szarka Financial’s CEO Les Szarka, CFP®, ChFC®,…

Why Should you as a Consumer Care About the Department of Labor (DOL) Ruling?

      What is the Department of Labor (DOL) Ruling? When does it completely take affect? What does this mean for consumers? What does this mean for my 401k or IRAs? Watch Szarka Financial’s Senior Financial Advisor Mark…

What to do With Your 401k When You Change Jobs

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       Is there anything people should know about their 401k that most people are unaware of? What are the other options? What are some factors to consider? What about tax considerations? Are there time limits to be aware…

What to Discuss When you Meet with an Advisor

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    It’s been just over a month since I joined the group at Szarka Financial. And, I am glad that I made the move. One of the things that attracted me to the firm was their emphasis on education. Having come from a healthcare background…

Don't Be a Victim of the Looming 401(k) Crisis

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There is a slow moving time bomb coming in the world of retirement planning, and it’s important for everyone to understand what’s happening so that they can avoid becoming a victim. The time bomb is that the traditional “3-legged stool”…

Avoid Commonly Made Blunders with your 401k

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As we wrap up tax season, what is the most common tax saving tool people can use? What are the most common mistakes people make with their 401k? What are other typical mistakes? What else can 401ks be used for? Watch Szarka Financial’s Senior…