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401(k) Plan Archives | Delap CPA


03 Jan

The SECURE Act: What You Need to Know

January 3, 2020 | By | No Comments

You may have missed the news—buried in a much bigger federal spending bill and passed in the thick of the holiday season—but after months of nearly bringing it to the finish line, it’s now official: On Friday, December 20, 2019, the Setting Every Community Up for Retirement Enhancement (SECURE) Act was signed into law. The […]

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24 Sep

What is a Target Date Retirement Fund, Anyways?

September 24, 2018 | By | No Comments

September 21, 2018 — “I just put all my money in this target date retirement fund.” I hear this all the time when the topic of 401(k) investments comes up. But what does a target date fund actually do? When I quiz those same folks, I usually get the following two responses: You just pick […]

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10 Oct

Did You Really Mean for Your Ex-Spouse to Inherit Your IRA? (And Other Common Mistakes in Beneficiary Designations)

October 10, 2017 | By | No Comments

When someone dies, and their heirs begin the process of settling the estate, it is not uncommon to be surprised to learn who is the beneficiary of the IRA or 401(k) is. We have seen cases where the ex-spouse or sibling is the beneficiary rather than the spouse.  This happens when the decedent fails to […]

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20 Oct

How to Avoid Prince’s Estate Planning Mistakes

October 20, 2016 | By | No Comments

From his first No. 1 Billboard hit “Let’s Go Crazy” to the creation of popular 80’s movie “Purple Rain”, very few will doubt the music legacy Prince left when he passed earlier this year. However, family members of late music Phenom may be more concerned that he left his estate in a different direction—chaos. What […]

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08 Oct

Retirement Checkup: 10 Tips for a Healthy Retirement

October 8, 2015 | By | No Comments

The Merriam-Webster Dictionary defines retirement as, “withdrawal from one’s position or occupation or from active working life.” For most Americans, however, the definition of retirement is not that straightforward. In fact, a lot has changed since 1875, which was the year the American Express Company established the first private pension plan in the U.S.[1]. Mostnotably, […]

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