Summertime seems to always bring a new shark attack movie. This summer is no different with 47 Meters Down. The basic plot of the movie has divers in a cage dropped down for the first time surrounded by sharks. What could possibly wrong? Many soon to be and current retirees are also facing a similar challenge in generating income in …
Laid Off? What’s Your Action Plan?
Layoffs are a fact of corporate life as companies cope with economic cycles and global competition. If you get caught in a corporate downsizing and you are not immediately moving to a new employer, you commonly have three options for your retirement plan assets: Leave your money in the current plan. Take a cash or “lump sum” distribution. Transfer …
Maximizing your Employee Benefits
I have seen a lot of people over the years leave a lot of money on the table by not taking advantage of all of the benefits that their employer was offering them. Your total compensation could be more than just your wages if your company offers additional benefits. The three most common mistakes I seen as the following: Not …