Retirement Planning
Retirement Planning in Today’s Economy
Today more than ever, the primary responsibility for saving and planning for retirement seems to have shifted to the individual, yet many have not adjusted their behavior in response to this change. As a result, a large portion of the population is unprepared for future retirement. With the 2008 stock market meltdown, declining prices in home values, and the overall poor state of the economy, this is a particularly harsh reality for small firm owners who are more focused on simply staying afloat. Read more »
Retirement Planning 2010: Getting a Head Start in the New Year
Timing is very important with investing and the same can be said for setting up your firm’s 401(k) plan. However, it is often the rare firm manager who recognizes that the groundwork for adopting the plan is best done early in the year. Read more »
Preparing for a “New” Retirement
Perhaps like many architects, you sometimes take a complacent attitude toward your retirement planning. “It’ll take care of itself,” you say or, “It’s too much of a hassle to change my plan or start a new one.” Finding time to plan for your future may be difficult while you’re busy running your firm, but it’s imperative that you take the time to consider starting a plan, assess your current plan or consolidate multiple plans. Read more »
Keeping Your Firm or Component Retirement Plan Manageable
The Department of Labor (DOL), Internal Revenue Service and the Pension Benefit Guaranty Corporation jointly developed the Form 5550 to satisfy annual reporting requirements on the financial condition, investments and operations of retirement plans. If you have a retirement plan for your practice or component, you may not be aware of new requirements. Read more »
Addressing Retirement Planning Needs
With all the uncertainties facing today’s economy, the AIA Trust strives to select member service providers that are willing to adapt their programs in order to satisfy changing member needs. Last year, the AIA Trust underwent a thorough Request for Proposal process and after much due diligence, re-selected AXA Equitable’s Members Retirement Program as its provider. Read more »