Retirement Planning

When planning for retirement, many people focus on 401(k) plans or traditional IRAs, but there’s another option that’s ideal for small businesses: the SIMPLE IRA. This retirement plan provides tax advantages, employer contributions, and an easy-to-manage structure, making it a great choice for businesses with 100 or fewer employees. With new contribution limits for 2025, Read More The post SIMPLE IRA in 2025: Everything You Need to Know first appeared on SafeMoney.com.

Market volatility can be a retiree’s worst nightmare. The ups and downs of the stock market can significantly impact a portfolio, especially when retirees need to withdraw funds for living expenses. This is where Volatility Buffer Accounts (VBAs) come in—providing a financial cushion to protect retirement savings during downturns. But are they the right strategy Read More The post Volatility Buffer Accounts: Secure Your Retirement Savings first appeared on SafeMoney.com.

 What Is a Fixed Indexed Annuity (FIA)? A fixed indexed annuity (FIA) is a financial product designed to provide growth potential without the risk of direct exposure to the stock market. It is a type of annuity contract issued by an insurance company, where returns are linked to the performance of a stock market Read More The post Fixed Indexed Annuities: Benefits, Guarantees & Buyer Motives first appeared on SafeMoney.com.

Retirement planning is no longer just an individual responsibility—it has become a critical aspect of employee financial wellness programs. As companies strive to attract and retain top talent, offering comprehensive retirement plans that address financial wellbeing in retirement has become essential. Employees who feel secure about their retirement prospects are more engaged, productive, and loyal Read More The post Optimized Retirement Plans for Employee Financial Wellness first appeared on SafeMoney.com.

Planning for retirement involves choosing the right savings plan, but the differences between 401(k) vs. 403(b) vs. 457 can be confusing. Whether you work in the private sector, a nonprofit, or a government job, understanding the pros and cons of these tax-advantaged accounts is crucial. This guide provides a detailed 401(k) vs. 403(b) vs. 457 Read More The post 401(k) vs. 403(b) vs. 457: Key Differences & Best Plan first appeared on SafeMoney.com.