Category: Retirement

Retirement

Choosing the Right Retirement Plan for Your Firm

Most architectural firm owners and managers must address critical priorities in addition to the business of architecture. These include managing taxes, attracting and rewarding valued employees, and establishing a long-term strategy to ensure their own financial security. Fortunately, as a firm owner, you have an option that could help to address all those goals: sponsoring…

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Retirement

Kick-Start Your Savings Plan

If you’re like many architects, you have strong discipline in how you work with your clients and manage your firm and career. Why not apply a similar discipline when it comes to saving for your future? Considering client needs and budget along with building requirements, material choice and contractors require strong coordination skills and planning.…

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Retirement

Why Asset Allocation Is Critical to Your Retirement

Whether you are considering a savings plan for retirement or have already established one, the principle of asset allocation is critical to successful retirement investing. Asset allocation is the way in which investments are distributed in a portfolio among different types of assets or asset classes. While it is a simple concept, proper asset allocation…

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Employee Benefits Retirement

Encouraging Employee 401(k) Savings

Offering a 401(k) retirement plan for your practice to participate in is a great benefit. Getting your employees to appreciate and take advantage of this benefit is often a challenge. However, a retirement plan with engaged, informed and participating employees is a successful retirement plan. Two of the factors most often mentioned when measuring a…

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Employee Benefits Retirement

Customized Retirement Plans for Every Practice

We have all heard how valuable it is to start planning for retirement early. When it comes to providing employee benefits, architectural firms sometimes view a retirement plan as a second-tier benefit to be added as the firm grows. Some may also have the misconception that they don’t have enough employees to start a plan…

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Employee Benefits Retirement

Sponsoring a Successful Retirement Plan

Offering a 401(k) retirement plan for employees is a great benefit; however, getting employees to appreciate and take advantage of this benefit is often a challenge. A retirement plan with engaged, informed, and participating employees is a successful retirement plan. So, how does that happen? Two of the factors most often mentioned when measuring a…

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