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    What is the best advice your father has ever given you?

    “What is the best advice your father has ever given you?” is sort of a loaded question. It’s too difficult to narrow just one piece of advice and in fact, most of the time, he wasn’t giving the advice directly – he was leading by example, setting the standard for my sister and I on how to treat people and how to carry ourselves.This year, Father’s Day is even a little more special for my dad, not only because Grandbaby #2 is able to celebrate, but because in l...  Read More

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    How Much You Should Have Saved for Retirement

    Employer-sponsored pension programs have gone almost entirely the way of the dinosaur, so it's increasingly up to each individual to plan his or her retirement carefully. But how much should you have already?The good old days of the company-sponsored pension plan are effectively over with for most people. That makes retirement planning a bit tricky.   Read More

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    DOL Fiduciary Rule: Better than a poke in the eye with a sharp stick

    Everyone has their own way of celebrating or remembering significant dates throughout their lives - birthdates, anniversaries, historical events - some more significant than others.For example, I should never forget my wife's birthday or our wedding anniversary date (sidebar - notice I used the words "should" and "date" - keeping track of the exact number is not guaranteed). Her birthday is July 11th (7/11) and we were married on August 11th (8/11). Back to back months. 7-11 and 8...  Read More

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    If it's Free, it's for Me: A 401(k) tip from my Dad to you

    If you can remember a time before Netflix, Hulu, and You Tube, we had these things called "movie stores." For those of you not familiar with the term or if you never had an opportunity to visit such a treasure, I'll be honest with you...I'm a little jealous.It's hard for me to imagine that this was the process of watching a movie at home:get in the car, drive to the store, park the car, search for a movie, risk having to interact with people, pay for the m...  Read More

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    Heavyweight Match Up: The Department of Labor vs. The Field

    Not that long ago, I wrote about what it means to be a fiduciary - you know, taking responsibility for your actions, being held accountable for the advice you give, and putting your client's interests first - as we continue to wait in anticipation for the Office of Management and Budget (OMB) to green light the Department of Labor's final ruling on its proposed fiduciary ruling.With this ruling, the DOL is set to increase the standard of providing advice to retirement accounts - 401(k)s and IRAs...  Read More

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    Fiduciary: What Does it Really Mean?

    Even though its been a hot topic within the financial services industry the last few years, the word "fiduciary" is still foreign to many of those outside the industry.   This week's post is an anecdotal story to help people understand what it means to be a fiduciary. Enjoy!Its not something you think about very much as an adolescent - your parents or coaches or other adults being your role model - but looking back on it, that's exactly what they were. Doing the little things, going ab...  Read More

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    10 Features Every 401(K) Plan Needs to Have in 2016

    Don't let your 401(k) plan go stale - use this guide to see where you can add value to your company's plan and make it easier for your employees to save for retirement.1. Employee contribution limit maxed out to 100%The IRS allows an employee the lesser of 100% of his/her compensation or $18,000* to be contributed to their 401(k) account. In some instances, 401(k) plans may have been adopted (i.e. started or created) by an employer that limited the parameters of the plan for one r...  Read More

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