by Springwater Wealth | Jul 26, 2022 | Divorce Financial Planning, Financial Planning, Retirement Concerns, Wealth Management
What’s a Pension? A pension is a type of retirement plan that provides you with monthly income after you reach retirement age. Your employer contributes money to a pooled account that’s invested for the benefit of its employees, the plan participants. Depending on the...
by Springwater Wealth | Aug 20, 2019 | Newsletter
Recently the Oregon Public Employees Retirement System (PERS) board voted to affirm the current 7.2% assumed rate of return on the fund’s investment earnings for the next two years (the 2021-2023 budget cycle). This assumption is extremely important to PERS, because...
by Springwater Wealth | Apr 9, 2019 | Newsletter
For decades, the number of American companies offering “defined benefit” pensions to their employees has been declining, as they have transitioned to employer-sponsored “defined contribution” retirement programs, like 401(k) and 403(b) plans. In addition to no longer...
by Springwater Wealth | Apr 10, 2018 | Newsletter
The dissolution of a marriage is often a very stressful and challenging process, and decisions on dividing retirement assets can often exacerbate things, as this nest egg usually represents the couple’s largest resource base. And making mistakes when splitting these...
