Too often, life gets in the way of our best intentions — especially for busy corporate executives or small-business owners. Time constraints of work and family and the distractions of the great outdoors of Colorado can let some important tasks fall through the cracks. Small-business owners often find themselves overwhelmed with day-to-day operations of their … Continued

More and more Americans are faced with the challenge and burden to save for their own retirement as pensions continue to fall by the wayside. The trouble is determining how much money you need to amass before you can retire. Answering the question of “How much should I save before I retire?” and “how much … Continued

Legislation that took effect last summer was a huge step toward clarifying and enlightening plan sponsors and participants about the fees they are paying for their 401(k) plans. Each plan must provide plan sponsors and their fiduciaries a 408(b)2 document, also known as a fee-disclosure report. Many studies have revealed that the majority of plan … Continued

New disclosure rules for retirement plans are complicating matters for Boulder County entrepreneurs. The new rules, issued by the Department of Labor , involve 401(k), pension and profit-sharing plans and many 403(b) plans. They are in response to lawsuits filed by employees and excessive fees charged by retirement-plan service providers. The first part of the … Continued

If you are a self-employed entrepreneur and would like to jump-start your retirement savings, you should consider setting up a defined-benefit plan. If the normal plan limits for a simple Individual Retirement Account, SEP/profit sharing or individual 401(k) are too low, the defined-benefit plan offers an option to contribute significantly more than the $55,500 limit … Continued

I am retiring, and I can’t lose money now. The retirement process is overwhelming for most individuals and couples. Typically, you are transitioning from a steady paycheck to depending on accumulated wealth to provide a “retirement paycheck.” Understanding the complete retirement process is crucial to making a smooth transition from the corporate or self-employed world … Continued