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
By Chip Hunt The IRS Offers Relief – A Two-Year Delay to Implement Roth Catch-Up Contributions The SECURE 2.0 Act of 2022 included the requirement that, effective January 1, 2024, catch-up contributions made by higher paid retirement plan participants to a 401(k), 403(b), or 457(b) plan must be made as after-tax Roth catch-up contributions. For …More
By Chip and Jamie Hunt Imagine a life of financial peace of mind. Your financial goals are crystal clear, your savings are flourishing, and you have a solid plan to secure your financial future. Sounds too good to be true, doesn’t it? Well, that’s precisely what a financial plan can do for you. A financial …More
By Chip Hunt You’re making really great time, but are you heading in the right direction? Your money can be a powerful enabler, allowing you to do certain things with the potential to add a “certain quality” to life for you and your family…or not. That “certain quality” is usually expressed with expectations of fulfillment …More
By Chip Hunt Are you confident in how you’re investing in your 401(k)? In this video we’ll discuss a three-step process for how to invest in 401(k)s based upon a simplified version of an investment process that investment professionals use. No special skills are required; just the discipline to follow a set of rules in …More
By Chip Hunt Banks play a vital role in the economy, providing individuals and businesses with access to cash, credit, and other financial services. Despite their importance, however, banks can fail. And when they do, the effects often cause panic in the wider economic environment. This past week, two major players in the banking industry, …More
By Chip Hunt When it comes to saving for retirement, there’s no better savings vehicle than a trusty 401(k). But it must be used properly for maximum benefit. One of the single biggest 401(k) mistakes I see is many workers only contribute enough to get the full company matching amount. And that’s it; they stop …More
By Chip Hunt Everybody makes mistakes (we’re human after all), but some mistakes are more dire than others. When it comes to budgeting and financial planning, mistakes that seem simple can have lasting consequences on your life in retirement. Properly planning for retirement requires diligent planning, budgeting, and investing. Let’s discuss 5 common mistakes retirees …More
By Chip Hunt “High interest rates are changing the math on pension lump sums.” – The Wall Street Journal, October 31, 2022 The Punch Line So…here’s the punchline! Because of the way pension rules work, changing interest rates often create pricing “irregularities” that you can exploit…potentially resulting in a higher pension payout to you! And …More
By Chip Hunt A Letter to Retirees and Soon-to-Be Retirees 2022: The Year “Conventional Wisdom” Did NOT Work for Traditional Portfolios Reflection First What worked in 2022? Answer: hardly anything. It’s hard not to be discouraged, but hear me out on this. I am offering insight and hope into this matter. If you are a …More
