1. Life After KP: Surviving a Bear Market in Retirement Recent retirees have the unfortunate luck of finding themselves caught in a bear market. A number of my Kaiser Permanente clients have reached out to me, as they’re concerned about losing their nest egg if the market doesn’t turn around soon. Read more here… 2.
Stages of Retirement Retirement planning, whether you are 20 or 60, is something we must actively plan towards annually. Unfortunately, numerous polls and experts say the majority of Americans don’t know how much to save or the income they will need. Getting started… Your 20’s and early 30’s Everyone knows it’s critical to start in
As a recruiter it is my job to put my clients in the best position possible for them to succeed. Most of the time this simply means finding a company with an employment opportunity that fits their needs. However, my clients often ask me about other factors, like their 401(k), pension plan, benefits package and
In-Service Withdrawals General Rules: You may withdraw amounts from your account while still employed by an employer under the circumstances described. Certain withdrawals are subject to regular federal income tax, and if you are under age 59 1⁄2 you may also be subject to an additional 10% penalty tax. You can determine whether you are
Are you divorced or in the process of divorcing? Your former spouse(s) may have an interest in a portion of your KP retirement benefits. “Happily ever after” and “until death do us part” won’t happen for 28% of couples over the age of 50.3 Most couples saved together for decades, assuming they would retire together.