What is Backdoor Roth IRA ?
Much like a secret passageway in a spy movie, a Backdoor Roth IRA allows individuals to circumvent income limitations for a Roth IRA. It’s a legal and intriguing way to…
What is CalPERS: Comprehensive Guide to Retirement
CalPERS, the California Public Employees’ Retirement System, is a name you’ve likely come across, especially if you’re a public servant in the Golden State. Known as the largest public pension…
Pension vs 401k or Both? : Choosing Your Retirement Path
As we embark on the journey towards retirement, we are often faced with a difficult decision of which is better: Pension vs 401k? For many, this is more than just…
Pension vs Retirement Plans: Compass to a Comfortable Retirement
Let’s face it, planning for retirement can feel a bit like preparing for a journey into the great unknown. You’re charting a course for a future that seems lightyears away,…
Supplemental Executive Retirement Plans SERPs: Boost Your Compensation
When it comes to retirement planning, options abound. Among those, the Supplemental Executive Retirement Plans (SERP) is a popular choice that provides additional benefits for a select group of employees—primarily…
Deferred Compensation Plans: Making Most of your Money
In the world of competitive employee benefits, a term that often comes up is the ‘Deferred Compensation Plan’. But what exactly does this term mean, and how does it work?…
Non Qualified Retirement Plans: An In-Depth Look
Let’s take a journey together through the complex yet rewarding terrain of non qualified retirement plans (NQRPs). Think of this article as your personal finance GPS. From the basics to…
Qualified Retirement Plans and Their Types: Unraveling the Complexity
When it comes to planning for your golden years, understanding your retirement options is crucial. One of the key components of this planning process is getting to grips with Qualified…