In this podcast, we continue the discussion of documenting your family financial information for the benefit of survivors when families experience death or incapacitating illness, with a step-by-step plan for creating a financial inventory in case of emergency. Featuring Andy Popenfoose and Sarah Delahanty of SYM.
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.
As parents and grandparents, we want to do all we can to lead our kids to a financially sound future. In this podcast Steve Yeager, Senior Vice President at SYM Financial Advisors, explains the process of using the Roth IRA in a unique way – to encourage, teach, and assist kids in saving for their retirement, as young as 12 or 13. Add the power of compound interest and this becomes an exciting opportunity for
Book Review: Being Mortal – Medicine and What Matters in the End “Being Mortal,” published in 2014, explores in graceful detail the often-taboo topic of death and dying from the perspective of a modern medical practitioner. The author, Dr. Gawande, approaches this non-fiction writing in the same way as one would approach a story, illustrating each point with personal anecdotes from his viewpoint as a general surgeon and a son. Although the core of the
In a national study of Sandwich Generation Women, creating a good support team as soon as possible was identified as an important key to helping an individual successfully navigate this challenging stage of life. Key Team Members Financial Advisor There are many varieties of financial advisors and their differences are significant. Our study of Sandwich Generation Women revealed a strong preference for a fiduciary wealth manager who acts as a “quarterback,” coordinating all advisors on
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
