Sentences with phrase «control over their retirement»

If you've procrastinated on this issue, you should realize that entrepreneurs have much more control over retirement planning than most people do, since employees» options are limited by what their employers offer.

Some companies actually require that you do this at retirement and most financial experts suggest that most retirees rollover in order to gain maximum control over your retirement funds.

The new law is a step toward more fairness within Illinois» police pension system, while offering certain police officers more control over their retirements.

This would allow workers more flexibility and control over their retirement, cap the current plan's liabilities, force the state to start paying down the debt and prevent future underfunding.

One of the biggest benefits of an IRA is that it offers access to a virtually unlimited number and type of investments, giving you much more control over your retirement savings destiny: You can bargain - shop for low - cost index mutual funds and ETFs instead of being restricted to the offerings in a workplace retirement account, and you can avoid paying the administrative fees that many 401 (k) plans charge.

Taking control over retirement planning can help pre-retirees feel more prepared as they approach their planned retirement date — and feel more secure about the future.

Facilitators can help investors gain more control over their retirement investing, while ensuring that they are compliant with IRS rules and other regulatory bodies.

Why should you have to switch jobs to have control over your retirement money?

You can have much greater control over your retirement funds than you may realize.

This causes many to pay high management fees and give too much control over their retirement portfolio to outsiders.

You have more control over your retirement savings, but they're still somewhat dependent on the fortunes of the stock market and the health of the economy.

It is also a good fit for those individuals who want life insurance but prefer to invest their money on their own, to exercise greater control over their retirement investments.

Not exact matches

Any entity over which you or a Family Member has (have) individual or shared authority, as principal, has investment discretion and control (for example, an UGMA / UTMA account for a child on which you or a Family Member is the custodian, a trust on which you or a Family Member is the trustee, a business account [not to include retirement plans] for your solely owned business [or the solely owned business of a Family Member] on which you or a Family Member is the authorized signer);

When congress passed this law, it shifted the responsibility of retirement savings from the employer to the employee, giving individuals more control over their savings.

With Kevin's retirement in 2006, David took sole control of the business and over the following decade has built it into one of Australia's most highly regarded importers and distributors of French wine and spirits.

Yegeri also explained the DA's desire for state officials also enact legislation stripping pension, retirement benefits and control over campaign funds from elected officials convicted of a crime, expelled from office, or resign due to a crime committed during their service.

It is worth noting that while people under age 65 in the U.S. live in a heavily market - dominated economy where poor employment outcomes mean poverty and a lack of access to health care, almost everyone over age 65 has most of their healthcare paid for by Medicare, (a FICA tax financed, single payer system that pays providers more or less the same rates as private insurance companies and has few cost controls), more than half of their nursing home costs paid by Medicaid, (which is stingy in how much it pays providers and moderately means tested), and receives enough of a guaranteed income from the combination of Social Security and SSI payments to keep the poverty rate for people age 65 +, (even if they have no retirement savings of their own), above the poverty line, regardless of the state of the local economy.

Hohman said the proposal now being debated in Lansing would protect the retirements of current teachers, give tomorrow's school employees more control over their own financial futures and eventually return billions of dollars to other educational uses.

Not only do NEA and AFT affiliates lose the ability to promise teachers that they will get comfortable retirements without contributing a single penny of their own cash, they also lose control they have over pensions through board seats on their governing boards.

You may gain flexibility and control by rolling over, converting or consolidating your existing retirement savings plans and accounts.

Here's the way I view it: that is my money, set aside specifically for retirement, and I want to keep control over it.

And the more control you exercise over how much you pay for investments, the larger the nest egg you're likely to end up with in retirement.

Regardless of when you plan to retire, the sooner you take control of your retirement assets (whether you roll over or not), the better off you'll be.

And you maintain complete control over how your retirement funds are invested.

More and more people are wanting to exert stronger control over the choices and assets in their 401k retirement plans.

Just like the diversification discussion in the Article 7.3, trying to highly optimize a retirement plan is fooling yourself into thinking you have more control over your investments than objective facts indicate.

Most of my retirement investments are mutual funds, and I would kind of like to have more control over these new investments than a MF would give me.

Plan sponsors and advisers can not control the market, but they have control over setting up diverse investment options in retirement plans, Greenshields says.

But they do offer a way to generate additional retirement income, while maintaining control over your assets and possibly allowing you to bequeath at least part of the money to your children or other family members.

Taxes don't stop when your paycheck does, you actually have more control over your taxes in retirement than at any other point of your life, and a visit to YourMoneyYourWealth.com for a free assessment with a Certified Financial Planner can help put you on the right tax track.

If you are undecided about whether or not to buy an annuity, because you feel that interest rates will eventually move higher, or you are not quite ready to give up control over your investments, you could consider rolling the RRSP into a RRIF at retirement and then later on, if rates go up, or if you simply become tired of managing your own money, you can transfer the funds from your RRIF into an annuity.

2:05 «You want to make sure that you have some diversification in how you invest and where you pull money out because that's going to give you the control over what your tax situation is throughout retirement; it's going to save you a lot more money in the long run»

Annuities can help give you control over your portfolio by providing guaranteed income during retirement.

All this highlights a big advantage enjoyed by retirees: Unlike those in the workforce, you have a fair amount of control over your annual tax bill — and you can use that control to make your retirement more financially comfortable.

A reverse mortgage allows them to actively control their finances, and to use the home they have cared for so diligently over the years to offer them new options and choices in their retirement years.

In the ideal world, no one should have debt in retirement because you want to have complete control over your finances.

• This personal budget software gives you total control over forecasting incomes and expenses into the future, so you can nail down how much you'll be spending during retirement.

While you are alive, you and your spouse have control over decisions about your assets and retirement income sources.

Other retirement calculators do this, but RP has all of the automatic features, plus lets you have unfunded buckets, start a bucket and / or make contributions after retirement, and have total control over all annual contributions, rates of returns, and withdrawals.

FERS provides you with more control over the amount of your retirement benefits.

This retirement planner gives much more control over Social Security (but RP completely ignores all taxation).

This can help cut down on paperwork and give you greater control over the management of your retirement assets.

People now are interested in exerting more control over how well their retirement accounts are working for them, and we now have the resources to do so.

A self directed IRA advisor can help you greatly diversify your retirement account and gain more control over your investing, while staying compliant with all pertinent IRS regulations.

With this payout option, you'll have control over most bond laddering, CD, or fixed - income strategies where a fixed or variable percentage of the investment's balance is paid out as retirement income.

This retirement software allows total control over assumed income goal inflation over three time periods, and on a year - by - year basis.

By naming American Humane Association as a beneficiary of a retirement plan, the donor maintains complete control over the asset while living, but at the donor's death the plan passes to support American Humane Association free of both estate and income taxes.

When playing on the highest difficulty level, you'll have to be very careful with your vehicle and respect it, as retirement from any rally is always a possibility if you lose control or keep crashing your car over and over again before you are able to repair it.

By naming American Rivers as a beneficiary of a retirement plan, the donor maintains complete control over the asset while living, but at the donor's death the plan passes to support American Rivers free of both estate and income taxes.

The study found that the EPA rules, combined with a recent drop in the price of natural gas, could over the next four to five years cause the utility industry to accelerate retirement of old coal - fired power plants rather than spend to upgrade the plants» emissions controls.