SPECIAL OFFER: Only Until October 31, 2019!

Would you like some help managing your investments? Professional Management (“PM”) allows you to have a team of financial professionals invest and manage your investments for you on an ongoing basis. See if PM is right for you. You can try the service for six months and pay no PM fees.1 Sign up by October 31, 2019, to take advantage of...

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Managing the Hefty Price Tag of Healthcare Costs

With all the advances in medicine and technology, it’s no surprise that people are living much longer than before. The rapid rise of health care costs could have a large impact on quality of life now and in retirement. Save and save again Unfortunately, health insurance doesn’t cover all of your medical expenses. As a result, some workers are tempted to...

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Empty Your Nest, Not Your Savings: Five Tips When Saving for College

If you're like many parents, you want your child to go to college. Paying for their education however, can be a huge financial burden. As tuition costs climb each year, saving early is an important step for parents. Here are five tips to help you save for your child’s college expenses. Estimate the cost of college According to a U.S. News...

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Are You Subject to a Required Minimum Distribution This Year?

Most people who are 70½ or older must take a Required Minimum Distribution (RMD) from their Program account to avoid penalties. If you have attained or will attain age 70½ in 2019, we sent you a questionnaire in January along with the “Understanding RMDs” communication to determine if you are required to begin taking RMDs.  If you haven’t returned...

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Great News! You Are Now Able to Designate and Review Your Beneficiaries Online!

When was the last time you checked the beneficiary information on your retirement account? Have you married, divorced, or had children? Under certain circumstances, your marriage or divorce will automatically revoke prior beneficiary designations. Your loved ones are important – and when you are no longer there to care for them, make sure that your retirement savings are kept...

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Do You Have Multiple Retirement Accounts?

Does this sound familiar? You’ve changed jobs a few times, and still have money in your former employers’ retirement plans. So what do you do? You can’t contribute to those plans anymore because you don’t work there, but you should keep an eye on your accounts. If you are an existing ABA Retirement Funds Program (the “Program”) participant, it might be...

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The Tools You Need For Retirement and Financial Planning

You are responsible for your financial security in retirement. It’s up to you to decide how much you need to save and what level of planning is required to meet your unique needs. Some people take a very hands-on approach. Others are more comfortable letting professionals take care of their accounts. The ABA Retirement Funds Program (the “Program”) offers a...

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Imagine Your Best Retirement: How Much is Enough?

What will you be doing day-to-day when retirement comes? Do you remember when you were sixteen? If you were like me you couldn’t wait to be twenty-one…and it always seemed so far away. Now that we are working adults, retirement, like waiting for adulthood, may seem far off into the future, but looking back we may see it came all...

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Can You Make Your Money Last Throughout Retirement? Needs Versus Wants!

Ah, retirement! No more commuting, dry cleaning or deadlines. The 9-5 grind is over and you’re free to write your own life script. Sounds like fun, except that for many retirees, there is a nagging worry: running out of money. That’s the top financial concern of retirees according to the American Institute of CPAs (AICPA). It’s driven largely by rising...

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Weathering the Storm with Your Retirement Account

Stay calm in the face of an emergency. That is the rule of thumb in pretty much every situation in life, and it applies just as well to retirement planning in a stormy economy. The first reaction of many in these circumstances may be to jump ship. In response to the turbulent waters of today’s financial markets, many investors...

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