Exploring Your Options By: Chip and Jamie Hunt If you have money sitting in an old retirement account or are just starting a new job, it may be time to take a fresh look at your options for what to do with your retirement funds. One big advantage of a 401(k) plan is the portability …More
Since your 401(k) plan is not a “set it” and “forget it” program, it’s a good idea to conduct a regular checkup to assess the health of your retirement accounts.
By: Chip Hunt 401(k) Plan Committee members: As we approach mid-year and you consider the state of your 401(k) plan, you may find yourself at a crossroad – contemplating whether to just tolerate continued poor service, or to take the necessary steps to change your “bundled” – all-in-one – service provider. But who wants to …More
As tax season rolls around again, it’s convenient reminder to consider the most tax-advantageous investment vehicles available. One often-overlooked option is the Roth account, which offers unique tax benefits that can significantly impact your financial future.
How can two individuals, identical in age and income, with matching financial resources—IRAs, 401(k), pension, Social Security, investments, and more experience vastly different outcomes in their retirement? The answer lies in their decision-making and the methods used to arrive at those decision
Two Strategies for Protecting Yourself as an ERISA Fiduciary Background If you are a fiduciary of a 401(k) plan, here’s a thought to seriously ponder. By rule, your default position as an ERISA fiduciary is that YOU are personally liable for claims of investment losses incurred by participants for their investment decisions… That is, UNLESS …More
By: Chip & Jamie Hunt This year make your financial health a top priority. Use this checklist to serve as your guide to an organized approach for assessing and monitoring your financial security. It’s a resolution that not only promotes fiscal responsibility for you and your family, but also empowers you to make informed decisions …More
By Chip Hunt Chip Hunt summarizes the third quarter of 2023. About Chip Chip Hunt is the founder and President of PrimeTRUST Advisors, an investment advisory firm dedicated to helping individuals and institutions with their retirement plan. His desire to embrace the true fiduciary role (working for the best interest of others) motivated him to …More
WOW!!… I Didn’t Know You Could Do THAT! Heads-up!! The year-end is rapidly approaching, which brings up the topic of Required Minimum Distributions (“RMDs”). And… you were thinking this was about a New Year’s Eve Party. Nope! As retirement plan geeks, we are thinking about RMDs! Many people are surprised to learn that you do …More
By: Chip Hunt Introduction Choosing the right financial advisor is a critical decision that can greatly impact your financial well-being and future security. Whether you’re planning for retirement, investing, or managing your assets, the right financial advisor can provide expert guidance. To ensure you make the best choice for your financial needs, here are some …More
