SYM logo

Insights

The Awesome Potential in Plan Design – 401(k) podcast

Are you responsible for choosing a new retirement plan for your company? Are you responsible for evaluating your current one? SYM Financial Vice President and Retirement Plan Advisor Tom Ackmann and Financial Advisor Michelle Hipskind offer valuable insight into factors to consider so your plan fits your needs. From employee retention to maximizing owner benefits, tune in to this podcast hear straightforward advice designed to serve the best interest of you – the plan sponsor.

Read More »

The 3(21) vs 3(38) Fiduciary in Group Retirement Plans

Retirement plan advisors can serve in a 3(21) or 3(38) fiduciary capacity or in some cases, both. The needs and desires of the plan sponsor dictate the specific arrangements. Such decisions are normally predicated upon risk mitigation versus risk avoidance. While some plan sponsors want assistance with their fiduciary responsibilities but elect to maintain discretion and control of their plan’s investment menus, others will choose to shift fiduciary responsibilities to a third party due to

Read More »

Sandwich Generation: Housing Options As We Age

When managing the care of an aging individual, some of the more challenging issues to understand are the options for different types of housing.  Seniors may prefer “aging in place” (i.e. staying in the family home), living with a primary family caregiver, or moving into one of a variety of retirement living options. Here is a synopsis of the more common retirement housing options available to seniors. Staying in Your Home “Aging in place” has

Read More »

Family Foundation or Donor-Advised Fund?

Charitable giving seems to be part of some people’s DNA. For clients looking for a way to leave a legacy or limit generational wealth transfer, though, the decision between founding a family foundation and opening a donor-advised fund can be difficult. Donor-advised funds Donor-advised funds are administered by local area foundations or through traditional custodians such as Charles Schwab and Fidelity.  These accounts provide the owner with a great deal of flexibility and anonymity if

Read More »

How can we help?

This field is for validation purposes and should be left unchanged.