March 2022

30
Mar

6 Common Myths About Federal Retirement Benefits You Need to Be Aware Of

If you’re a federal employee, you’ve likely heard or read about many do’s and don’ts regarding your retirement planning. However, depending on the source, some of the information may or may not be true. To help you effectively plan for your retirement, let’s dispel some of the myths surrounding federal employees’ retirement. Myth 1: Social Security Will Not Be There

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23
Mar

Qualified Vs. Nonqualified Retirement Plans: How Are They Different?

One way for employers to build employee loyalty is to offer retirement plans. The Employee Retirement Income Security Act (ERISA), which became effective in 1974, opens the door to qualified plans that protect employees. ERISA guidelines define which retirement plans are qualified and which ones are non-qualified. Here’s a look at how these plans differ. What is a Qualified Retirement

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