Learning Center for Individuals
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Learning Center for Individuals
October 2026 Participant Memo: MONEYMAXXING The Social Media Trend for Making Every Dollar Work Harder
Shopping hauls and unboxing videos are familiar fares on TikTok and Instagram, but finding ways to make more of every hard-earned dollar is finally having a moment, too. “Moneymaxxing” creators, an emerging category of financial influencers, focus on helping you get more out of the money you already have, and put more of it to… Read More Read More
September 2026 Participant Memo: Financial Tools at Work Could Help You Take Control of Your Money
A little practical guidance can go a long way, whether you’re trying to make a budget, pay down debt, save more, or simply feel less stressed about money. And while that kind of help may seem hard to come by, useful financial tools and assistance may be closer than you think. Many employers offer financial… Read More Read More
August 2026 Participant Memo: Thinking About Retiring Early? Consider Asking Yourself These 5 Questions
For many Americans, working to or through “traditional” retirement age may be the right choice based on their goals, personality, passions, and priorities. But for others, early retirement may be the preferred path. Whatever your timeline, retirement requires thoughtful planning. If you’re hoping to retire early or just preparing for the possibility that retirement may… Read More Read More
July 2026 Participant Memo: Beyond Financial IQ: Confidence Matters
If you listen to financial podcasts, watch TikTok budgeting videos, or read investing tips from online “gurus” and still feel stressed about everyday money decisions, you’re not alone. Understanding basic financial concepts is important, but knowledge alone (especially if you get too much information at once) may not help calm money worries. According to a… Read More Read More
June 2026 Participant Memo: Timing Is Everything: What to Know About 403(b) Vesting
A 403(b) isn’t just a tool for your own savings. It can also help you access additional retirement support from your employer. Many plans include employer contributions, including employer matching or discretionary employer contributions. To make the most of this added benefit, it helps to understand how and when those contributions become fully yours –… Read More Read More
June 2026 Participant Memo: Timing Is Everything: What to Know About 401(k) Vesting
A 401(k) isn’t just a tool for your own savings. It can also help you access additional retirement support from your employer. Many plans include employer contributions, including employer matching or discretionary employer contributions. To make the most of this added benefit, it helps to understand how and when those contributions become fully yours –… Read More Read More
May 2026 Participant Memo: Market Turbulence: What History Tells Us
When global crises affect financial markets, it can be tempting to rethink your savings strategy. But history indicates that pulling money out of the markets during such times could mean missing out on any rebounds that follow. A recent Vanguard analysis found that, on average, equity (stock) markets delivered an 8% total return six months after many major geopolitical events occurred… Read More Read More
April 2026 Participant Memo: Enhance Your Savings Strategy by Visualizing Your Ideal Future
There’s a simple mental shift that could help you enhance your savings strategy, and it has nothing to do with willpower or trying to be more disciplined. Research suggests that the way you think about your savings goal can influence 1) whether you start saving, 2) how much you commit to your financial goals, and… Read More Read More
March 2026 Participant Memo: 401(k) Check-ins Can Help You Stay on Track
In many ways, saving through your employer-sponsored retirement plan has never been more convenient. Automatic enrollment, auto-escalating contributions, and target date funds can make saving feel almost effortless by quietly adjusting your contributions and investments over time. While automatic features remain powerful allies in your savings strategy, you may also want to ensure your overall approach to retirement… Read More Read More
What Employers Ask Us When Considering Changes to Their Retirement Plan
/// By Pat Casserly When employers come to us with questions about updating their retirement plan, the conversation often starts the same way: a mix of curiosity, uncertainty, and a genuine desire to “get it right” for their people and the company. And that’s exactly where we thrive, helping business leaders understand not just what… Read More Read More
Sapers & Wallack Services Overview
Since 1932, we have helped hundreds of clients. For more than 80 years, our approach to client service has been predicated on the highest degree of integrity and professional ethics. We are located in Newton, MA and serve public and private businesses, family businesses, non-profits and high net worth individuals all over New… Read More Read More
Podcast: What Clients Should Ask Their CPA Before Asking Their Advisor About Retirement Income
Aviva Sapers, President & CEO at Sapers & Wallack, and Jonalyn Sullivan, CPA, & Partner at LGA, answer questions about what should ask their CPA before asking their advisor about retirement income. Read More
February 2026 Participant Memo: Sticky Saving Goals to Suit Your Personality
The start of a new year is a natural time to set fresh financial resolutions, but unfortunately most don’t last past February. One reason may be that our money goals often don’t align with the way we naturally think or how we stay motivated once the initial enthusiasm fades. A study of more than 2,400… Read More Read More
Retirement Plan Check-Up for Early 2026: Maximizing Benefits & Staying Compliant in the New Year
/// By Pat Casserly As we move into the first quarter of 2026, employers have an important opportunity to re-evaluate and optimize their corporate retirement plans. Even though the year-end rush has passed, early-year planning is just as critical for maximizing tax benefits, ensuring compliance, and boosting employee engagement—while setting your organization up for a… Read More Read More
January 2026 Participant Memo: You Can Now Save More in Your 401(k). See Why That Matters.
Most people don’t look forward to annual IRS announcements the same way they do the next season of their favorite Netflix show, but this one’s worth a look. Higher retirement plan contribution limits have been announced for 2026, and even a modest bump in your savings rate can make a big difference down the road. Here’s what’s new for 2026: 401(k), 403(b), and… Read More Read More
Beyond the Policy: Making Long-Term Care a Family Conversation
/// By Aviva Sapers November marks Long Term Care Awareness Month, a time not just to explore insurance options, but to reflect on how we prepare—emotionally, financially, and practically—for the realities of aging and caregiving. Why Long-Term Care Planning Is More Than Just Insurance Long-term care (LTC) isn’t just about facilities or policies—it’s about people.… Read More Read More
November 2025 Participant Memo: Staying Financially Grounded This Season
As the year winds down it’s easy for spending to ramp up. From travel and celebrations to those endless online deals that pop up in your feed. But even small splurges can add up fast. According to a recent survey by Achieve and Talker Research, 65% of Americans say they are stressed about their holiday… Read More Read More
Year-End Wealth Planning Checklist: Early Financial Moves to Make Before December 31
/// By Joe Campedelli As the year draws to a close, now is the time to take control of your financial future. Whether you’re a high-net-worth individual or a business owner, making strategic moves before December 31 can help you optimize your wealth plan, reduce your tax burden, and set the stage for a successful… Read More Read More
October 2025 Participant Memo: Retirement May Be Your Next Adventure
Retirement could often be seen as the “end of the road,” but that idea may not fit everyone. Your retirement could be a new chapter than a closing one. While some may choose to move into semi-retirement, mixing part-time work with more free time for their family, hobbies, or travel. Others could explore second careers,… Read More Read More
Why Annuities May Be A Suitable Retirement Strategy in 2025
/// By Aviva Sapers In today’s uncertain financial climate, many Americans are rethinking how to secure reliable income and growth in retirement. With the Federal Reserve having just cut interest rates by .25% and potentially more before year end, investors who rely on bank CDs or money market funds for “safe yield” may soon see… Read More Read More
August 2025 Participant Memo:3 Ways to Retire with Confidence
Frequently, the news about retirement is pretty pessimistic. Pensions no longer exist for most workers, we aren’t saving enough, and Social Security is going to disappear. However, things may not be as bleak as they are often painted. Retirement plan consultants suggest three ways that anyone can use to help them retire: Start saving now.… Read More Read More
July 2025 Participant Memo: Don’t Leave Your Retirement Behind
Starting a brand new job is exciting and full of a lot of new benefits, but don’t forget about the retirement plan you left behind. There are many different ways to handle an old retirement account and here are your four options: Which Option is Right for You? While there isn’t any definite answer, there… Read More Read More
June 2025 Participant Memo: Saving in Your 20s, 30s, 40s and Up… What Changes?
No matter how old you are, it’s never too early (or late) to save money for retirement. Each decade comes with different goals, investment types, and risk factors, but understanding the difference can help you be prepared for when your retirement comes around. Entering the Workforce: Your 20s Your early career is going to be… Read More Read More
May 2025 Participant Memo: Four Basic Steps for a Successful Retirement
We understand that most retirement savers aren’t financial experts, and that can make preparing for retirement feel overwhelming. The good news is that achieving a successful retirement doesn’t have to be complicated. By following a few basic steps, you could set yourself up for long-term financial security. Start Saving Now and Learn the Basics of… Read More Read More
April 2025 Participant Memo: Five Key Strategies for a More Successful Retirement
Achieving a comfortable and secure retirement requires careful planning and disciplined financial habits. Here are five essential strategies to help you succeed: Start Saving Early and Consistently The earlier you begin saving for retirement, the more you can take advantage of compound interest. Contributing regularly to retirement accounts like a 401(k) or IRA can significantly… Read More Read More
Let’s Talk About Your Financial Goals – Are They Still Working for You?
/// By Andrew MacDougall Financial planning is not a one-time task. As life evolves, so do your financial priorities, making it essential to periodically assess whether your financial strategy still aligns with your changing goals. Whatever your stage in life, now is the right time to ask yourself—when was the last time I took a… Read More Read More
March 2025 Participant Memo: The Ultimate Guide to Tax Savings
As tax laws evolve and personal financial situations change, it’s essential to stay informed about strategies that can help minimize your tax burden. Here are several tips to consider: Maximize Retirement Contributions Contributing to retirement accounts like 401(k)s and IRAs can reduce your taxable income. For 2025, the IRS has increased the 401(k) contribution limit… Read More Read More
February 2025 Participant Memo: Maximize Your Employer Match in 2025
Leveraging your employer’s retirement plan match is one of the easiest ways to boost your financial wellness. With over 50% of employers offering some level of matching, it’s an opportunity you don’t want to miss. Here’s how to make the most of it. Understand the Details of Your Plan If you’re unclear about your employer’s… Read More Read More
Why Annuities Are Back in Vogue
/// By Aviva Sapers Annuities are experiencing a resurgence in popularity. Once seen as complex or costly, these financial products are now valued for their stability and reliability, especially in uncertain times. Here’s why annuities are making a comeback: Stability Amid Uncertainty Market volatility and economic instability have highlighted the appeal of guaranteed income. Annuities… Read More Read More
January 2025 Participant Memo: Your Guide to a Financially Healthy New Year
Reexamining your finances at the start of the year may not seem as exciting as making a commitment to healthier habits or fitness objectives, but financial wellness is closely related to both mental and physical health. You might be surprised at how simple it is to take charge of your finances. The following actions will… Read More Read More
December 2024 Participant Memo: Winter Word Search
Investment advisory services offered through Accelerate Investment Advisors LLC (“Accelerate”) DBA Sapers & Wallack, Inc., a federally registered investment adviser. Advisory services are only offered to clients or prospective clients where Accelerate and its representatives are properly licensed or exempt from licensure. This website is solely for informational purposes and past… Read More Read More
November 2024 Participant Memo: Harvesting Financial Lessons
Thanksgiving offers more than just family gatherings and meals—it encourages reflection on finances with gratitude. The holiday can inspire better financial habits, such as managing holiday expenses wisely and practicing mindful spending. Here are a handful of tips that can alleviate any financial burdens you may face during the upcoming holiday season: Manage your Expenses by… Read More Read More
October 2024 Participant Memo: Retirement Plan Crossword
Across 3. The act of taking money out of your 401(k) account. Taking this before age 59 ½ will result in a 10% IRS penalty. 4. A lump sum paid to a participant or beneficiary. 6. Average age of retirement. 8. The party designated by a participant to receive the retirement plan benefits of a deceased participant.… Read More Read More
September 2024 Participant Memo: Employer Matching – How to Make the Most of Your Plan
Many defined contribution plans include something called employer matching, meaning that your employer contributes a certain amount to your retirement savings plan based on your personal contribution. In 2024, individuals can contribute up to 23,000 into their 401(k) according to SEC guidelines, but, when combined with employer matching, the cap comes to 69,000 per year.… Read More Read More
August 2024 Participant Memo: How Much Do You Know About Target Date Funds?
The average person is likely unfamiliar with the term “TDF” however it is the most utilized and fastest-growing investment option in an employer-sponsored retirement plan. As a plan participant, it is essential to know what you are investing in. Follow along below to educate yourself about your retirement investments. What is a target date fund… Read More Read More
Could an Annuity Be The Right Fit for Your Retirement Plans?
/// By Andrew MacDougall In simple terms, an Annuity is an insurance contract issued by a financial institution/insurance company that can be purchased by an individual to provide a guaranteed income stream over a specified period or for the rest of a person’s life. By making either a lump-sum payment or a series of premium… Read More Read More
July 2024 Participant Memo: How Much Do You Know About Your Retirement Plan Quiz?
Many people often find that they know far less about their retirement plan than they thought. Test yourself with the quiz below and see how much you know about your financial future. What type of retirement account do you have with your employer? 401(k) 403(b) 457 Depending on your industry your retirement account will look… Read More Read More
June 2024 Participant Memo: Estimating Your Financial Needs for Retirement
Financial planners who conduct pension consulting have been pointing out that you can find yourself in trouble when you reach retirement if you’re saving without a goal. Many people have been saving for retirement without taking the time to figure out how much they’ll need when they eventually retire. How do you know if you’re… Read More Read More
May 2024 Participant Memo: Navigating Health Savings: Your HSA Guide
Health savings accounts (HSAs) have surged in popularity over the years. You may have encountered them, possibly as part of the benefits offered by your workplace. This memo attempts to answer frequently asked questions about HSAs. What is an HSA? An HSA is a type of specialized savings account where you can deposit pre-tax funds to… Read More Read More
April 2024 Participant Memo: Tips To Maximize Retirement Savings
Retirement represents a major turning point in one’s life. One factor that remains, regardless of this new chapter in your life, is the presence of taxes. If you’ve followed the advice of retirement plan advisors, you should already be saving in tax-advantaged retirement accounts. Taxes are deferred in these accounts until you take money out… Read More Read More
Sapers & Wallack makes NAPA’s list of the 2024 Top DC Advisor Teams!
Sapers & Wallack, Inc. Named to List of Nation’s Top DC Advisor Teams Sapers & Wallack’s retirement plan consulting team is proud to help your organization deliver a quality retirement program, keep you aware of compliance needs and assist your colleagues in their quest to retire comfortably. Sapers & Wallack, Inc. has been named to… Read More Read More
March 2024 Participant Memo: 7 Tips To Prepare You For Retirement
A secure and happy retirement requires careful planning and is a well-constructed process. Starting now will give you plenty of time to make the strategic changes and improvements that will bring your retirement goals closer to reality. Here are seven things you should know to strengthen your retirement strategy. What will you do? Establish definite… Read More Read More
February 2024 Participant Memo: Strategies for Maximizing Workplace Retirement Benefits
Considering that more than 40% of employers now match employee contributions to retirement plans, taking advantage of this opportunity is crucial for improving your financial security. Even if your employer’s contribution is modest, neglecting to participate means leaving money on the table. Before enrolling in your company’s retirement plan, it’s essential to understand how to… Read More Read More
January 2024 Participant Memo: Navigating Retirement’s New Horizons
As we embrace the dawn of a new year, contemplating the departure of a loved one may not be the most festive topic, yet it’s an essential consideration for any forward-thinking planner. When you initially chose your retirement plan, you were likely prompted to designate a beneficiary. Here are some tips tailored for the new… Read More Read More
Podcast: On-Mic with Jordan Rich. Someday is Not a Day of The Week: Unlock Your Financial Potential Today
One of the smartest resolutions we can all make this time of year is to stop procrastinating. Today’s guest has fine advice as to how we can take command of our financial wellness and plan effectively for retirement. Financial advisor Aviva Sapers, along with co-author Andrew MacDougall, has written, “Someday Is Not a Day of… Read More Read More
December 2023 Participant Memo: Financial Frost Checkup
As the winter season blankets our surroundings, it’s the perfect time to conduct a comprehensive review of your financial situation. Adapting to Life’s Changes Reflect on the past year and consider any shifts in your personal, family, or financial life. If changes have occurred, consider taking these steps: Review your beneficiary designations for accounts like… Read More Read More
November 2023 Participant Memo: Gobbling Up Good Financial Habits
Holidays are all about spreading cheer and giving, but sometimes people tend to go a bit overboard, which can later result in financial stress. According to a survey conducted by Country Financial, 32% of folks feel the most financial pressure during the holiday season.1 Create a Budget: Start by setting a clear budget for your… Read More Read More
October 2023 Participant Memo: The Worry on Investors’ Minds
Smart Portfolio Stress Testing: Your Retirement Safety Net You’ve been diligent—saving, monitoring retirement accounts, consulting your advisor. But are you prepared for life’s uncertainties? Your retirement plan relies on assumptions: savings, investment duration, inflation, and returns. Life, however, loves throwing curveballs—job loss, health issues, financial shocks. That’s where stress testing comes in, your safety net… Read More Read More
September 2023 Participant Memo: The War on Investors’ Minds
Past Wars and Long-Term Market Performance Since the dawn of time, war and conflict have been with us throughout history, bringing with them their own horrors and uncertainty. Stock markets do not like uncertainty, and when war and conflict strike, stock markets will exhibit bouts of short-term volatility. Wars and conflict can and have led… Read More Read More
August 2023 Participant Memo: Risk-proofing Your Future: Personal Protection Strategies
Are you prepared for a secure financial future? Discover some key aspects of a comprehensive risk management strategy. Disability Income Protection: Protect your income by obtaining disability income protection. Purchase it when you are young and healthy, considering factors like occupational specialty coverage, ensuring future income increases, and prioritizing individual plans over group coverage. Property… Read More Read More
July 2023 Participant memo: Build a Bright Retirement Future
Clear, achievable, and meaningful goals can lay the foundation for success. Vague aspirations may have limited worth without a well-defined plan. Depending solely on past performance or arbitrary investment rules may carry risks when striving to achieve your financial goals. Time is a critical factor in goal setting that can shape your financial objectives. With… Read More Read More
Podcast Q&A: Financial Planner & Estate Planning Attorney: Working Together
Andrew MacDougall, Director of Wealth management at Sapers & Wallack, and Bryce J. Helfer, Attorney at Nixon Peabody, answer questions about working together for estate planning needs of their clients. WE HAVE MOVED! You can find us at: 313 Washington Street, Suite 308, Newton, MA 02458 Read More
June 2023 Participant memo: How Much is Enough?
There are many formulas for figuring out how much money you need to retire. While thinking seriously about retirement finances is useful, for most people, these formulas may not come close to what your retirement actually looks like. Taking Stock To truly get comfortable with your retirement plan, the first thing you should do is… Read More Read More
May 2023 Participant memo: The Advantage of Saving early
The early bird really could get the worm! In the chart below you will find no secret tips or tricks to investing that cite prior market events: just plain old math. The amount of your total nest egg is exponentially influenced by the duration of time it has to compound. In other words, the earlier… Read More Read More
April 2023 Participant memo: Need a Tax Break?
You may be eligible for a valuable incentive, which could reduce your federal income tax liability, for contributing to your company’s 401(k) or 403(b) plan. If you qualify, you may receive a Tax Saver’s Credit of up to $1,000 ($2,000 for married couples filing jointly) if you made eligible contributions to an employer sponsored retirement… Read More Read More
Sapers & Wallack Named to List of Nation’s Top DC Advisor Teams
Sapers & Wallack has been named to the National Association of Plan Advisors’ list of the nation’s top defined contribution (DC) Advisor Teams with Assets under Advisement over $100 Million. Unlike other lists, this focuses on individual firms, or what may, in a wirehouse environment, be referred to as a team, or office, and the… Read More Read More
March 2023 Participant memo: Planning Financial Futures
Do you spend more time planning your annual vacation than you do thinking about your personal finances? If so, you’re not alone. A lot of people put off financial planning or avoid it altogether. Personal financial planning is an ongoing, lifelong process. If we break it down into small, achievable tasks, it’s a lot less… Read More Read More
February 2023 Participant memo: The Importance of naming a Beneficiary
Do you know what will happen to your retirement savings if you were to pass away? Here are some things you should know about naming beneficiaries that could save your loved ones’ time, money and frustration. Facts about beneficiary designations 48% of people don’t have a named beneficiary.1 Generally, if you are married, your retirement… Read More Read More
How to Not Outlive Your Income
By Aviva Sapers Many of our clients have voiced a concern of outliving their income. Given that much of today’s workforce have not saved enough to guarantee a financially secure retirement – a recent study found that the average median savings of millennials is only $8,000(1) —this is why we wanted to discuss what can… Read More Read More
January 2023 Participant memo: Financial Wellness 101: The Real Cost of Takeout
Financial Impact Think back to your last DoorDash order. How much did it cost you? How much food did you actually get for the money you were paying? Did you feel like you got a good deal? To those of us who order out consistently, a $35 tab on a DoorDash order might seem normal.… Read More Read More
December 2022 Participant memo: ‘Tis the Season for Investing
During the holidays, we think about spending time and reconnecting with family and friends, cozying up by the fireplace, enjoying each other’s company. We also tend to spend quite a bit of money this time of year, on everything from gifts to new year’s resolutions (think gym memberships). In a typical holiday season, we don’t… Read More Read More
November 2022 Participant memo: Are You Thankful for Your Health?
The holidays are upon us! Staying healthy just might make you wealthy. With small lifestyle changes and healthy choices (especially with all the shared yummy foods), you may reduce your annual healthcare costs and increase your income. These lifestyle changes can be as simple as limiting your salt intake or taking your prescribed medication regularly.… Read More Read More
Podcast Q&A: “How a Fixed Annuity Can Fill a Gap in Your Retirement Savings Plan“
Aviva Sapers, CEO and Kim Bernabeo Landry, Director, Insurance Underwriting Advocacy at Sapers & Wallack answer questions about their blog “How a Fixed Annuity Can Fill a Gap in Your Retirement Savings Plan” You can read the blog: “How a Fixed Annuity Can Fill a Gap in Your Retirement Savings Plan)” here. Read More
How a Fixed Index Annuity Can Fill a Gap in Your Retirement Savings Plan
/// By Aviva Sapers and Kim Bernabeo Landry Amid the economic uncertainty and volatile stock market of recent years, many are looking for ways to ensure a steady income stream throughout retirement. With the diminishing existence of employer pensions and uncertainty about Social Security programs, people are looking for new approaches to share in some… Read More Read More
Benefits of a Roth Conversion
With Americans living, on average, longer than before and the strength of Social Security and pension programs on the decline—securing enough income to maintain quality of life throughout retirement can be complicated. With tax rates likely to increase for certain groups in the future, now may be a good time to consider a Roth IRA… Read More Read More
Sapers & Wallack Named to List of Nation’s Top DC Advisor Teams
ARLINGTON, VA — Sapers & Wallack has been named to the National Association of Plan Advisors’ list of the nation’s top defined contribution (DC) Advisor Teams with Assets under Advisement of $100 Million . Unlike other lists, this focuses on individual firms, or what may, in a wirehouse environment, be referred to as a team,… Read More Read More
Department of Labor is Focusing on the Rollout of a Lifetime Income Product for Retirement—What Does that Mean for You?
In 2007, I worked at a large multi-national asset management firm and was asked to attend an annual retirement industry event with the executives of every major retirement company in the United States. Held at the Harvard Club, the theme of the meeting was “idea day,” where retirement focused asset management firms shared thought leadership… Read More Read More
Podcast Q&A: Getting Your Financial House in Order – Part 2 (Middle Age)
Andrew MacDougall, Director, Wealth Management at Sapers & Wallack, answers questions about his blog “Getting Your Financial House in Order – Part 2 (Middle Age)” You can read the blog “Getting Your Financial House in Order – Part 2 (Middle Age)” here. Read More
Getting Your Financial House in Order – Part 2 (Middle Age)
In June of 2020, my colleague, Evan Macedo, wrote about taking a practical and proactive approach to taking control of personal finances for individuals at the start of their careers. That piece, linked below, was primarily geared toward people in their 20s and 30s who are starting out with savings, budgeting, and paying down debts.… Read More Read More
Using Life Insurance to Offer Diversified, Tax-Advantaged Retirement Savings
Regardless of your financial situation, for most of us, saving the right amount of money for retirement can be difficult. Establishing sources of replacement income that will allow you to consistently maintain your expected lifestyle after your working years often requires careful planning, financial discipline, and if those are not attainable, some creative solutions. Read More
Retirement Expenses memo
How Can you Prepare for Healthcare Expenses in Retirement? Rising healthcare costs are on everyone’s mind, even for affluent people. In fact, 69 percent of affluent pre-retirees cite rising healthcare costs as one of their top fears in retirement, according to a survey from the Nationwide Retirement Institute. In fact, 63 percent of these affluent… Read More Read More
Mega Backdoor Roth Conversion Primer
Background There is growing interest in a design strategy known as the Mega Backdoor Roth Conversion (the Conversion). The Conversion allows 401(k) or 403(b) Plan participants who are already deferring the maximum allowed to contribute After-Tax funds to the plan. The participant may then convert the money from After-Tax funds to Designated Roth funds. This… Read More Read More
Medicare Coverage: What to Expect, How to Enroll, and Will you Need Supplemental Plans for Retirement
/// Posted byAviva Sapers & Peter Stoner Whether your 65th birthday is fast approaching or decades away, it pays to understand the basics of how Medicare works and what it does and does not cover—and then plan accordingly for any additional coverage that you may need in retirement. Enrolling in Medicare can be more complicated… Read More Read More
Podcast Q&A: Medicare Coverage: What to Expect, How to Enroll, and Will you Need Supplemental Plans for Retirement
Aviva Sapers, President and CEO of Sapers & Wallack, and Peter Stoner, President and CEO of Stoner & Company, answer questions about our October blog ‘Medicare Coverage: What to expect, how to enroll, and will you need supplemental plans for retirement’. Read More
Why Retirement Planning Must Account for the Rising Cost of Healthcare
For most Americans in 2019, the idea of retirement is associated more with a sense of anxiety than the promise of relaxation it once inspired. Have I saved enough? When should I stop working? Will I have a guaranteed source of income? And more than ever before, how can I plan for the rising costs… Read More Read More
Roth Conversions for Retirement
On average, Americans are living longer than ever before. This reality has complicated the planning and saving stage of retirement as we struggle to secure enough income to cover our needs for the duration of our lifetime. One increasingly critical tool of financial planners for retirees is the use of Roth IRA conversions. A Roth… Read More Read More
What is a Roth IRA and Why Do I Need One?
There’s a lot to like about investing in a Roth IRA, Roth 401(k) or Roth 403(b), especially if you’re young or expect to be in the same (or higher) income tax bracket when you retire. Any money you invest in a Roth grows tax-free—even when you cash out in retirement—and it can be invested in… Read More Read More
Reimagining Retirement Distribution Planning
Retirement distribution planning is not what it used to be. People are living longer, cost of living expenses are on the rise, and healthcare costs are easily outpacing wage increases and the market. Now, more than ever, creating and sticking to a thorough retirement savings plan is necessary to ensure that your latter years and… Read More Read More
IRS Contribution Limits 2015-2019
The Sapers & Wallack Retirement Team has developed an IRS Contribution Limits one pager to assist with any questions you might have. This is a great resource tool for you to keep on file in the event you or someone from your firm has questions about not only what the limits are in 2019 but… Read More Read More
Retirement in the Age of Rising Health Care Costs
Most people make a concerted effort to plan and save for retirement, but many fail to account for the projected toll that health care costs will take on their mandatory expenses throughout their retirement. There is a common misconception that savings will be enough to cover living expenses while Medicare can cover health care related… Read More Read More
Unclaimed Retirement Benefits
Unclaimed Retirement Benefits: Do you have money lost in old 401(k)s and pensions? There has been a wave of reporting over the last few years around the vast sums of money in unclaimed accounts in the US. Millions of Americans have forgotten or are completely unaware of money in their name from government payouts, bank… Read More Read More
Defined Benefit Plans – A Wealth Accumulation Strategy for High Income Business Owners
With the end of the year approaching, now is the time for high income earners to assess whether a defined benefit plan makes sense. A defined benefit plan allows the highest deductible contributions of any retirement plan. This plan allows you to save for retirement on a tax-deductible basis. Investments made within the plan grow… Read More Read More
Retirement Newsletter February 2015: Employee Communications Strategies
In this issue of our Retirement Report you will find: Is the Oil Price Decline Beneficial to the U.S. Economy? The Hopes, Fears and Reality of Retirement Preparing for a Partial Plan Termination Employee Communication Strategies for All Seasons Read More
Retirement Newsletter January 2015: Is Your Fiduciary House in Order?
In this issue of our Retirement Report you will find: Qualified Plan Governance: Is Your Fiduciary House in Order? Top Five New Year's Resolutions for Retirement Plan Fiduciaries Solutions for a Stressed-Out Nation Improper Handling of Hardship Distributions May Result in Significant Problems Read More
Retirement Newsletter November 2014: Automatic Enrollment Revisited
In this issue of our Retirement Report you will find: Case Study: Automatic Enrollment Revisited Pension Protection Act of 2006 Restatements Despite Noise, Macro Factors Will Drive Fixed Income Markets Common Misconceptions Read More
Will You Outlive Your Retirement Assets?
As life expectancies continue to rise, coupled with historically low interest rates, the prospect that retirees face of running out of retirement funds is very real. Given the average life expectancy of a 65 year old female is age 90 and with conservative investment portfolios earning less than 3%, the paradox retiree’s face is daunting.… Read More Read More
Retirement Newsletter August 2014
In this issue of our Retirement Report you find: What to Expect When Transitioning Providers The Future of Retirement Plans ERISA 3(21) vs. 3(38) Fiduciary A Quick Look at Gap Analysis Communication Corner: Save Early, Reach Your Goal Visit our website at sapers-wallack.com/retirement to learn more about our offers for plan sponsors and individuals and connect with us on our "Team" page. Read More
Retirement Newsletter July 2014
In this issue of our Retirement Report you find: Determining Fee Reasonableness of a Retirement Plan Record Keeper Why Advisors Are Taking a New Look at Collective Investment Trusts Locating Missing Participants Establishing Your Retirement Plan Committee Charter Communication Corner: How Long Will Your Money Last? Visit our website at sapers-wallack.com/retirement to learn more about our offers for… Read More Read More
Retirement Newsletter June 2014
In this issue of our Retirement Report you find: Weathering All Market Conditions One Size Does Not Fit All Understanding Multiemployer Plans Complying with ERISA 404(c) Communication Corner: Your Perfect Match Visit our website at sapers-wallack.com/retirement to learn more about our offers for plan sponsors and individuals and connect with us on our “Team” page. Read More
Why might you care that June is Annuity Awareness Month?
Because if you are nearing retirement and are looking for a vehicle that could give you the opportunity to receive steady income, immediate annuities ought to be considered. If you are looking to turn some of your investment portfolio from accumulation to distribution, annuities might be used as a vehicle to deliver to your bank… Read More Read More
Retirement Newsletter May 2014
In this issue of our Retirement Report you find: 3(16) ERISA Fiduciary Definition Power of Peer Influence: From Inertia to Action Pass or Fail? Corrective Actions to Remedy Your Test Results Going the Extra Mile: A Deeper Look at the Scorecard Communication Corner: Explore Your Options Visit our website at sapers-wallack.com/retirement to learn more about our offers for… Read More Read More
Courageous Retirement Plan Design – It needs bold leadership to get your employees ready for retirement
Given the results of a recent study by the Employee Benefit Research Institute that show only 13% of Americans feel confident that they will have enough money in retirement to live comfortably, the time has come for employers to take a more aggressive approach with the plans they are offering. When we were growing up,… Read More Read More
Retirement Newsletter March 2014
In this issue of our Retirement Report you find: Information about 3 recommended index funds and the importance to offer fewer funds to drive better participation A comment about the benefits of a qualitative mutual fund review A list of advantages for plan sponsors who consider adopting a safe-harbor design for their retirement plan Explanation about the… Read More Read More
Roth IRA Mirror Plan – A Tax Advantaged Asset Accumulation Strategy
Roth IRA Mirror Plan – A Tax Advantaged Asset Accumulation Strategy Are you paying too much in Federal Income Taxes? Do you want to minimize the impact of higher taxes? Are you looking to accumulate wealth on a tax-advantaged basis? The changes enacted by the Patient Protection and Affordable Care Act (PPACA) affect many types of… Read More Read More
The RRC – “Retirement Readiness Corner”
In this edition of the RRC, we expand upon our recent post on retirement insights from J.P. Morgan and a few of the key findings of interest from their study. We will also give a glimpse of retirement readiness through the lens of a leader in the retirement services market. Let’s begin by asking a… Read More Read More
Retirement Newsletter February 2014
In this issue of our Retirement Report you find: Information about retirement income solutions with Guaranteed Minimum Withdrawal Benefits (GMWB) Insights into Specialty Asset Classes as part of a retirement plan menu An overview of different fee methods and A comment about revenue sharing Read More
Retirement Newsletter December 2013
In this issue of our Retirement Report you find: Thoughts on fixed income investing in a rising rate environment A birthday letter to the Target Date Fund Detailed information about the benefits of stable value products Answers to the question “Do I need an independent ERISA audit?”. Read More
The RRC – “Retirement Readiness Corner”
Retirement Insights from JP Morgan’s 2013 Plan Participant Survey In the outcome driven world of retirement planning and services, stewards are needed now more than ever before. Our goal at Sapers & Wallack is to provide guidance to all of our clients in the form of best practices. By beginning with the end in mind,… Read More Read More
Fiduciaries on Retirement Plans – FEI article by Victor Kwitkiwski
In his most recent article for Financial Executives International, Victor Kwitkiwski, Vice President, Retirement Plan Services and Fiduciary at Sapers & Wallack, elaborates on the roles and responsibilities of different types of fiduciaries that exist. Many Plan Sponsors don’t know if they’re working with a Fiduciary; many are confused about the role of a Financial Advisor… Read More Read More
Retirement Newsletter November 2013
In this issue of our Retirement Report you find: Interesting results of the EBRI Annual Retirement Confidence survey Detailed information about the exchange of traded funds in retirement plans An overview of prohibited transactions fiduciaries must be aware of Answers to the often asked question: What records should I keep, for how long and how should… Read More Read More
5 important facts about Long Term Care (LTC)
You Are Probably Not Going Into A Nursing Home, But Don’t Confuse That With Not Planning For Extended Care When people consider the subject of elder care (often referred to as long term care), they often think about nursing homes. However, elder care has little to do with nursing homes. Understanding the difference can help… Read More Read More
Retirement Newsletter October 2013
In this issue of our Retirement Report you find: The pros and cons of allowing participants to take loans from their retirement accounts Detailed information about plan eligibility An overview of the Health Care reform and its implications on retirement plans A discussion about the exclusion of part-timers from the 401(k) plan Read More
Why Hire a Professional Retirement Advisor
As a plan sponsor and fiduciary to your company’s retirement plan, you have certain responsibilities to ensure optimal investments, reasonable fees, and informed participants. With an Advisor at your side, you can navigate these waters smoothly and with confidence to create a best practices retirement plan which strives to help protect you from liability and… Read More Read More