The old saying “knowledge is power” applies to many situations in life, including retirement planning. The more you know about the benefits your plan offers, the more likely you’ll be to make the most of them and come out ahead financially when it’s time to retire. Here are some questions to test your knowledge about your plan.
About Briant Sikorski
Briant entered the financial services industry after a twenty-year career in the venture capital, information technology, telecommunications and automotive manufacturing industries. Briant holds a Bachelor of Science degree from the University of Michigan and a Master of Business Administration degree from Oakland University.
Entries by Briant Sikorski
Parents looking to take advantage of the many benefits of saving for college with a 529 plan will want to know the full details on which educational expenses qualify for tax-free distribution status – and which do not
The cost of a college education continues to rise. If you are looking for tax-advantaged ways to get ahead of the curve, you have several choices – but which ones may be right for you?
Marriage affects your finances in many ways, including your ability to build wealth, plan for retirement, plan your estate, and capitalize on tax and insurance-related benefits.
If an investment opportunity sounds too good to be true, it probably is. Here are a few tips to help you determine if a stock is worth taking a chance on – or best avoided.
When you get right down to it, the younger you are, the more you potentially have to gain by taking advantage of the time ahead of you.
One of the first steps you’ll take in the estate planning process is determining how much planning you’ll need to undertake. Two key components of your initial needs evaluation are an estate analysis and a settlement cost analysis.
Your credit score is a rating that lenders can use to gauge how likely you may be to repay debts on time. A typical credit score will range between 300 points and 850 points. In other words, you can improve your position in the borrowing process by taking steps to boost your score.
The trend toward online investing and advisory services, also known as robo-investing and robo-advice is gaining momentum, but industry participants are struggling to get a handle on how retail investors view and/or use robo-services to conduct their financial affairs.
Changing jobs is an important decision – one that many of us are making more often. Once you’ve decided to switch jobs, your next move is to determine what to do with the money in your former employer’s retirement plan.