You may not be aware, but one of America’s retirement plans has died. Okay, not died (does a statute ever really die?) but it is on life support, a vegetable, or otherwise is essentially on its way out; if not quickly, quietly. The SIMPLE IRA is a form of small business retirement plan you may or may not be familiar …
Recruiting an Employee in a Financial Planning Firm
As you might have seen, over the past few weeks, we’ve been in the recruiting process to add a wealth planner assistant to our team. This hybrid role includes reception, office management, and data entry. Essentially, someone who can help run the office and support the team while we focus on client-facing and service work. Two years ago, we hired …
Social Security Fairness Act
Last week, congress passed and the president signed the “Social Security Fairness Act,” which was aimed at filling a gap between those who had paid into Social Security during their working years but were then disqualified from receiving Social Security benefits because they spent the majority of their career paying into Social Security alternative programs such as PERA or other …
One Step Back, Two Steps Forward
This blog has been guest-written by our Associate Financial Planner, Daniel Stefanski, sharing his experience in a financial planning career thus far and what brought him to Longmont and MY Wealth Planners. Balancing Analytics & Empathy I became interested in personal finance for a multitude of reasons. First, it is such a beautiful blend of both quantitative and qualitative skills. …