If you’ve lost your job, or are changing jobs, you may be wondering what to do with your 401(k) plan account. It’s important to understand your options. What will I be entitled to? If you leave your job (voluntarily or involuntarily), you’ll be entitled to a distribution of your vested balance. Your vested balance always includes your own contributions(pre-tax, after-tax, and Roth) and typically any investment earnings on those amounts.It also includes employer contributions (and earnings) that have satisfied your…
Continue reading Changing Jobs? Know Your 401(k) Options
Come join us for our Prosperwell Networking Group! Join the community to grow your business. Once a month we will gather to network and share ideas. Attendance is limited to representatives from different business areas. Apply to Join the Roundtable
Come join us for our Prosperwell Networking Group! Join the community to grow your business. Once a month we will gather to network and share ideas. Attendance is limited to representatives from different business areas, please contact events@prosperwell.com for availability.
Come and join us to network, meet amazing new people in our community, grow your business and your life. We will have beverages and snacks and each month topics will range from the economy, to protection planning, to investment banking, retirement and more!
Join us for ProsperWine and Women to connect with amazing businesswomen. If you are a working mom, a woman in business or a women business owner, you do not want to miss this networking happy hour! We will chat over a glass of wine on topics such as work/life balance, business growth, marketing, finances and so much more.
Here are some things to consider as you weigh potential tax moves before the end of the year. Defer Income to Next Year Consider opportunities to defer income to 2022, particularly if you think you may be in a lower tax bracket then. For example, you may be able to defer a year-end bonus or delay the collection of business debts, rents, and payments for services in order to postpone payment of tax on the income until next year. Accelerate…
Continue reading Year-End 2021 Tax Tips
The COVID-19 economic crisis tested the mettle of all Americans, particularly working mothers. Research shows that the pandemic’s impacts on women have been far-reaching and potentially long-lasting. Now that the U.S. economy is picking up steam, it may be more important than ever for women to re-examine their retirement planning strategies. Effects of the COVID-19 Economy The COVID-19 recession had a disproportionate impact on working women because sectors that typically employ them — including retail, hospitality, and health care —…
Continue reading Women Face Challenges in a Post-Pandemic World
As people move through different stages of life, there are new financial opportunities and potential pitfalls around every corner. Here are common money mistakes to watch out for at every age. Your 20s & 30s Being financially illiterate. By learning as much as you can about saving, budgeting, and investing now, you could benefit from it for the rest of your life. Not saving regularly. Save a portion of every paycheck and then spend what’s left over — not the…
Continue reading Watch Out for These Financial Pitfalls in the New Year
Social distancing is hard, especially when our business thrives on networking and meeting others. Grab a glass of wine and join us for this LIVE virtual networking session to meet other amazing women! Registration is required.
