by The Walker Team | Jun 29, 2021 | Empowered Entrepreneur
For some, retirement marks the end of working life. But for at least 30% of federal retirees, retirement is simply a transition from one form of employment to another. Retirees are rejoining the workforce for a variety of reasons. Many people want or need to continue...
by Tom Walker | Jan 27, 2021 | Empowered Entrepreneur
Defined Benefit Pension Plans Making a Comeback Remember your father’s pension plan? Before the days of restrictive government regulation, many companies offered one basic variety of pension plans—the defined benefit plan. With these plans, employers were...
by Tom Walker | Jan 27, 2021 | Empowered Entrepreneur
Capitalize on Business Success Strategies for Achieving Your Lifetime Financial Goals Most business owners depend on their business to provide current income, with the objective of using the future sale proceeds from the business to meet retirement income needs, or to...
by Tom Walker | Jan 27, 2021 | Empowered Entrepreneur
Buy – Sell Agreement Spell Out Your Business’s Future A typical small business owner spends so much time attending to immediate tasks that planning for the future is often neglected. This is too bad, because business owners who neglect planning now may...
by Tom Walker | Jan 27, 2021 | Empowered Entrepreneur
Business Valuation: A Crucial Tool Most people would never question the wisdom of evaluating the price of art, jewelry or other collectibles. Serious hobbyists, likewise, wouldn’t dare entertain the notion of neglecting a valuation for a coin or stamp...
by Tom Walker | Jan 27, 2021 | Empowered Entrepreneur
Fully Funded 412(e)(3) Need to Start Saving Sizeable Amounts Toward Retirement? You Can, Tax-Deferred! Saving for retirement – as important as we all know it is – isn’t always easy. For most people there are bills to pay, children to educate, and businesses to...
by Tom Walker | Jan 27, 2021 | Empowered Entrepreneur
Saving for Retirement is Important How a 401[K] Plan Can Help Saving for retirement is important, but it’s not always easy. As most of us know, there seems always to be something (or someone!) laying claim to our hard-earned dollars. If it’s not expensive auto...
by Tom Walker | Jan 27, 2021 | Federal Retirement
SECURE Act 2019 – Quick Facts As you are likely aware, the President has signed a spending package that included the Setting Every Community Up for Retirement Enhancement (SECURE) Act. The goal of the SECURE Act is to improve the nation’s retirement system...
by Tom Walker | Jan 27, 2021 | Federal Retirement
Taxes Are ‘On-Sale’ Taxes Are Temporarily ‘On Sale’ – Are You Taking Advantage? The traditional advice was always to ‘defer taxes now because you will be in a lower tax bracket in retirement’. Well, for today’s Federal Employees who have pensions,...
by Tom Walker | Jan 27, 2021 | Federal Retirement
Pros & Cons of TSP Annuity Pros & Cons of the (Antiquated) TSP Annuity An annuity, in the broadest terms, usually refers to an investment or program where the participants exchange a sum of money (contributions) for a guaranteed stream of income. In general,...
