Author Archives: admin

401(k) Plans – by John Jastremski

Qualified cash or deferred arrangements (CODAs) permitted under Section 401(k) of the Internal Revenue Code, commonly referred to as “401(k) plans,” have become one of the most popular types of employer-sponsored retirement plans. How does a 401(k) plan work? With … Continue reading

Posted in Retirement Planning | Comments Off

Variable Annuities – by John Jastremski

Some basics A variable annuity is a contract between you (the purchaser) and an insurance company (the issuer). In return for your premium payments, the issuer agrees to make periodic payments to you (if you elect this option), beginning either … Continue reading

Posted in Retirement Planning | Comments Off

Protecting Your Loved Ones with Life Insurance – by John Jastremski

How much life insurance do you need? Your life insurance needs will depend on a number of factors, including the size of your family, the nature of your financial obligations, your career stage, and your goals. For example, when you’re … Continue reading

Posted in Retirement Planning | Comments Off

Long-Term Care Annuities – by John Jastremski

When planning for the potential cost of long-term care, you’ve probably considered long-term care insurance. But premiums can be expensive and if you do buy the coverage, you probably hope you never have to use it. The prospect of paying … Continue reading

Posted in Retirement Planning | Comments Off

Get More Income from an Impaired Risk Immediate Annuity – by John Jastremski

Having enough income during retirement is a challenge and concern for most retirees. Immediate annuities offer a retirement planning option by providing a guaranteed income. (Payment guarantees are based on the claims-paying ability of the annuity issuer). In exchange for … Continue reading

Posted in Retirement Planning | Comments Off

Maintaining Sustainable Withdrawal Rate in Retirement – by John Jastremski

What is a sustainable withdrawal rate? A withdrawal rate is the percentage that is withdrawn each year from an investment portfolio. If you take $20,000 from a $1 million portfolio, your withdrawal rate that year is two percent ($20,000 divided … Continue reading

Posted in 401(k), Financial Planning, Investing and the Markets, Investment, Ira Rollover, John Jastremski, Pension, Pension Plan, The Retirement Group John Jastremski, The Retirement Group LLC | Comments Off

Active vs. Passive Portfolio Management – by John Jastremski

One of the longest-standing debates in investing is over the relative merits of active portfolio management versus passive management. With an actively managed portfolio, a manager tries to beat the performance of a given benchmark index by using his or … Continue reading

Posted in Retirement Planning | Comments Off

The Benefits of Tax-Advantaged Savings Vehicles – by John Jastremski

Taxes can take a big bite out of your total investment returns, so it’s helpful to look for tax-advantaged strategies when building a portfolio. But keep in mind that investment decisions shouldn’t be driven solely by tax considerations; other factors … Continue reading

Posted in Retirement Planning | Comments Off

Teach Your Children Well: Basic Financial Education – by John Jastremski

Even before your children can count, they already know something about money: it’s what you have to give the ice cream man to get a cone, or put in the slot to ride the rocket ship at the grocery store. … Continue reading

Posted in Retirement Planning | Comments Off

How Secure Is Social Security? – by John Jastremski

If you’re retired or close to retiring, then you’ve probably got nothing to worry about–your Social Security benefits will likely be paid to you in the amount you’ve planned on (at least that’s what most of the politicians say). But … Continue reading

Posted in Retirement Planning | Comments Off