With the enactment of the Revenue Act of 1978 the modern day 401(k) retirement plan was born. After a modest beginning, employer sponsored retirement plans have become a major factor in how we save. So much so that, for many Americans, the employer sponsored 401(k) plan is the only place they are … Read More
Family & Finances: Planning In Your 30s and 40s
At Magellan Financial we believe in the power of planning. We also know that most people don’t start seriously considering an investment plan until they enter the fifth decade of life. It is much easier to envision retirement, a concept that is hard to grasp when you are in your 30s or 40s, once … Read More