Author - Joseph Alfonso, CFP®, ChFC, EA

1
The Doomsday Portfolio
2
Timeless Investing Principles
3
SSA Launches Online Benefit Statement Access
4
How to Get Your Free Credit Report
5
Here’s What You’ll Soon Find Out, But Never Knew About Your 401k

The Doomsday Portfolio

It never fails to happen. Whenever events such as the current US government shutdown or the impending debt ceiling deadline arise, the media declare these crises and speculate regarding their impact on our lives.

Reporters often solicit advisor opinion at times like these regarding the advice we would give an individual investor. My replies to these requests are typically a variant of the one below, from an actual exchange I had recently with such a reporter.…

Read More

Timeless Investing Principles

I am always struck by the financial media’s response to market turbulence. Pundits regularly react to events such as the current European debt crisis or the slow-to-recover US economy as if these challenges are somehow unprecedented, requiring a fundamental change in how investors should behave.…

Read More

SSA Launches Online Benefit Statement Access

Putting aside politics and the ongoing debate about its long term viability, Social Security remains a core component of retirement planning. Knowing your estimated benefits at age 62, full retirement age and age 70 is important in developing a retirement strategy and deciding when to begin receiving Social Security payments.…

Read More

How to Get Your Free Credit Report

It’s a new year and a good time to take advantage of a free service offered by the three major consumer credit reporting bureaus.

Every 12 months, consumers are entitled to receive one free credit report each from Experian, Equifax and Trans Union. There is no fee for this service which is available by visiting www.AnnualCreditReport.com. No, this is not the same service you see advertised on TV. Unlike that other website, AnnualCreditReport.com is authorized by the Fair Credit Reporting Act and is truly free.

Your credit history, as reflected on the credit report, determines your credit score which …

Read More

Here’s What You’ll Soon Find Out, But Never Knew About Your 401k

After several delays, the Department of Labor has at last issued final rules requiring 401k plans to provide key information to plan participants. Specifically, these new rules will require 401k plan sponsors to disclose detailed information about plan features, investment options, and fees and expenses to participants, beneficiaries, and even workers who are eligible to participate in a plan but don’t.

Implementation of these rules, known as rules 408(b)(2) and 404(a)(5), involves two steps. The first step requires plan service providers to disclose required information to the plan sponsor by July 1, 2012. The next step requires the plan sponsor …

Read More

Copyright 2014 FiGuide.com   About Us   Contact Us   Our Advisors       Login