Tag Archives: 401k

Index Funds – should that be the only choice in your 401k plan?


401k with pen on top

Fees matter.  Expenses matter.  And as your plans’ Trustee, you have a fiduciary responsibility to determine that all fees are “reasonable and necessary” for the proper operation of your plan.  Index funds are generally lower-priced, so shouldn’t that be the only thing you offer?

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Little Things That May Help Your Retirement Saving

coins in jar with retirement written on front and clock in background

Over time, these seemingly small factors could make a major difference.

Provided by Reeve Conover – Conover Consulting

Saving for retirement takes decades and demands the investment of significant amounts of your income. As this major effort unfolds, you should recognize that some subtle factors and seemingly minor decisions could end up making a sizable and positive impact on your financial future.

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If Interest Rates Rise, What Happens to Bonds?

image of increase in interest rates

Investors in longer-term Treasuries could really be punished.

Are bond investors facing the possibility of major losses? Recently, bond yields have climbed. From November 1-23, the 2-year Treasury yield went from 0.83% to 1.12%, while the yield on the 10-year note rose from 1.83% to 2.36%.1

Quality bonds have a place in a portfolio, but many investors are moving their money elsewhere. They see a federal stimulus ahead in 2017, one that could potentially strengthen the economy and lead the Federal Reserve to gradually tighten interest rates. Assuming that happens and appetite for risk remains strong, what will happen to bonds and bond funds when rates begin to climb?1,2,3

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Will There Be Fewer Retirement Planners in the Future?

image of broker shaking hands after financial deal

A new fiduciary rule could potentially reduce the number of such advisors.

Today, many people claim to offer retirement planning. In the near future, their ranks may thin because of new regulations on qualified retirement plans being phased in by the Department of Labor.

Things are changing quickly. By the start of 2018, any person or firm providing advice to IRA owners and participants in workplace retirement plans will be asked to assume a fiduciary responsibility. In taking on that responsibility, that person or firm will have an ethical and legal duty to act in a client’s best interest.1

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Discover 403(b)

image of puzzle pieces retirement and savings

This retirement plan allows teachers & employees of non-profits to invest for their futures.

Does your spouse contribute to a 401(k)? You are probably eligible for a retirement plan that can help you save and invest for retirement in the same way – a 403(b).

First offered in the late 1950s, 403(b) plans actually predate 401(k)s. School districts and non-profit organizations commonly offer these retirement savings vehicles to their employees.1

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Reeve Conover is a Registered Representative. Securities offered through Cambridge Investment Research, Inc., a Broker/dealer member FINRA/SPIC. Cambridge and Conover Consulting are not affiliated. Licensed in SC, NC, NY, CT, NJ, and CA.
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