what to do with my 401k laid off

Managing a Job Layoff

Key points Work closely with your financial advisor to establish spending priorities and determine the best options for managing retirement assets.  Apply for unemployment benefits immediately. There are strict deadlines that can’t be missed.  If possible, don’t let health insurance lapse. Without insurance, a health crisis could seriously jeopardize your financial stability.  Consider deferring debt payments

IRA planning mistakes

Common IRA Planning Mistakes

1. Not taking advantage of the Stretch distribution option or not establishing it properly The Stretch IRA is a way for each IRA beneficiary to maximize the payout period over his or her entire life expectancy. Properly designating beneficiaries and informing them of the IRA owner’s “Stretch” intentions are key to making this strategy work.

goals based investing

Investing For Your Retirement Goals

Americans are living longer, healthier, and more active lives than past generations, and they want to ensure their healthcare and domestic needs are met. That means saving for a longer retirement is critical. Everyone has different circumstances. Fortunately, a diverse array of options is available to address your individual needs and aspirations. A skilled financial