Department of Labor

How the New Department of Labor Rule Impacts 401(k) Plan Participants

By Samantha Masey | August 1, 2022

Written by: Martin Shields, CFP®, AIF® In 2017, the Department of Labor adopted a rule regarding fiduciary investment advice under the Employee Retirement Income Security Act (ERISA).  The rule provided guidance on how financial advice must be given to participants in a 401(k) plan and guidelines an advisor must meet when transferring a client’s retirement…

Bouchey Financial Group

Webinar Recording: Financial Planning Tips for Working Professionals

By Samantha Masey | March 16, 2022

Listen to Marty Shields, Samantha Masey, and Vincenzo Testa discuss their recommendations for financial planning tips for working professionals. Discussion includes: Budgeting & Debt Management Saving for Retirement Maximizing Employer Benefits Risk Management

Bouchey Financial Group

A Young Professional’s Guide to Saving for Retirement

By Samantha Masey | February 8, 2022

Written by: Samantha Masey Many young professionals are not aware that saving for retirement now will have a huge impact on their financial picture in the long run. This article offers three practical steps to get their financial life on track. Three steps for savings towards retirement: Create a Budget Contribute to Employer Retirement Plans…

Bouchey Financial Group

Three Reasons to Consider a 401(k) Rollover

By Samantha Masey | February 1, 2022

Written by: Harmony Wagner, CFP® 401(k)s, 403(b)s, and other similar employer-offered retirement plans have some great benefits. These plans make it easy to save directly from your paycheck and can help simplify the investment experience, especially for those in the early years of retirement saving or who have a relatively low account balance. However, there…