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Financial Wellness
Financial Wellness previous generations concerns
What is “Financial Wellness”, and how has the definition changed over time? In the 80s it was stock picking and stockbrokers, bond yields were high and the hairstyles were higher (thanks to Aqua Net). As Gordon Gecko so famously stated in the 1987 film Wall Street, “Greed, for lack of a better word, is good”....
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October is rolling around again and just like last year you should be receiving notice that your enrollment period is open from your employer. It is time to sign up for additional benefits or remove current benefits through your employer’s group options. Instead of deleting this email, make this the year you dive into truly...
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Financial Planning in today's industry
According to the Oxford dictionary, an assembly line is a merger of workers and machines to produce in bulk, a product of no unique or otherwise customized substance. In our previous article, we noted that advancing technology and consumer empowerment has led to a self-checkout or “do-it-yourself” mentality. While every consumer will approach financial planning...
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Women Researching
Many individuals are aware that in 2019 they can contribute up to $19,000 in their 401(k) as well as an additional $6,000 if they are 50 or older. However, what most individuals are not aware of is that there is a provision that some employer’s 401(k) plans allow for a potential additional employee after-tax contributions...
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Hammer Time harsh struggles with budgeting
“Too legit… Too legit to quit.” These were the opening lines to American rapper M.C. Hammer’s 1991 hit song. While serving as an anthem of never giving up, these lyrics were also prophetic to what was to come for someone whom many may have assumed was setting himself for an early retirement. Behind the scenes,...
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The Self-Checkout Financial Service Industry    Is the age of the financial adviser dead? Just mere decades ago, the average consumer would have been taken back by the thought of scanning and bagging their own groceries. Today, self-service is a way of life and has continued to take over every industry imaginable with the financial...
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Health Savings Cost (HSA)
Why are you not taking advantage of your hsa? Many individuals are well aware that health care costs are risings and it is often the most expenses item in one’s retirement plan. However, very few individuals have implemented a strategy to handle these future expenses and are missing out on utilizing a key tool in...
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Employer Match
One of the first pieces of financial planning advice is that one should immediately take advantage of any employer’s matching. However, many individuals who are maxing out their 401(k) early in the year do not realize they are missing part of their employer’s match. It all comes down to the details. There is a lot...
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Financial Wellness
In a world of buzzwords, where did Financial Wellness Programs come from and how did this industry grow? As with many aspects of life, it is hard to answer a question without understanding the context around the issues that this emerging industry is trying to solve. Let’s jump back to the early 1980s when the...
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Providing Financial wellness for employees
Business leaders work with fierce competition and constant change every day. To succeed, leaders must understand how to dance with these unpredictable forces, learn resilience, and harness the potential for growth amid volatility. You need your most important assets, your key employees, to stay focused on achieving the company’s goals. However, when dealing with those...
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