In Minnesota, the calendar stating the first day of Spring does not mean very much. Residents have to wait for Mother Nature to tell them Spring is officially begun. Spring means spring cleaning. And spring-cleaning means yard sales. There has to be someone who thinks...
If you have an IRA or a Minnesota company 401(k), you should be aware of the new U.S. Department of Labor’s (DOL) fiduciary rule that goes into effect this Friday, June 9, 2017. This new rule establishes a higher standard of care for any investment advisor who...
My desk calendar stated that it was the first day of Spring on March 20th. In Minnesota, Spring means spring cleaning. And spring cleaning means yard sales. This Spring there is much more cleaning to be done than just closets and garages. There is very likely some...
One day last week, I was driving downtown for a meeting with an individual company 401(k) advice client. I suddenly had to stop at a stop light on the edge of downtown. I mindlessly looked around as I usually do at a stop light. I suddenly noticed that the car at the...
It is always a big deal from me when I get asked to contribute to a nationally recognized personal financial advice web site. Here is an article that I contributed to this morning at bottomlineinc.com. The title of the article is “Power Up Your 401(k).” Surprises...