What a difference a year makes—strong investment performance and a modest rise in interest rates during 2013 caused a steep increase in the funded status of the typical defined benefit (DB) plan, reversing a multi-year downward trend.
Every plan and every employee population is somewhat unique, so the decision about special education should be considered by fiduciaries on a plan-by-plan basis.
Among the massive waves of Baby Boomers heading into retirement are a significant number of business owners who face a dilemma—they want to transition into retirement but, for many, the bulk of their nest egg is tied up in the business itself.
I learned one of my favorite words when I was living in Louisiana: lagniappe. It refers to a small gift a merchant gives a customer when they buy something. Loosely translated, it means “a little extra.”
Referrals are all about fear! Asking your best clients and centers of influence (COIs) to connect you with their friends and colleagues is like asking them to write naked call options on their relationships.