Stimulus checks are arriving — now is the time to think about your “Future Paycheck”. WISER’s “Your Future Paycheck” Workbook has information to help you: • Re-set your budget and spending — see “Keeping Track of Your Spending” and the …
Think Twice Before Tapping Your 401(k) for Short-Term Needs
By Spencer Williams Published on March 30, 2020 In extraordinary times like these, it is understandable that Americans need emergency cash injections to pay expenses. But before tapping their 401(k)s, workers should at least follow the advice offered by the …
Pay Equity Checklist: What to Do to Avoid the Pay Gap
Most people are familiar with the well-known “gender wage gap,” men out-earning women an average 18 cents on the dollar. Less well known is how pay inequity eventually translates into a “retirement wage gap” that increases the poverty rate for …
Financial To-Do’s for the Decades
In Your 20s Check out benefits that come with jobs. Consider the benefits—401(k), 403(b), pension, health, and other insurance—and not just salary. You may be surprised at how valuable benefits are when you add them up. Get into the habit …
10 Ways Women (and Men) Can SAVE Themselves from Retirement Shortfalls
Save More. Most people do not think about financial matters from a long-term perspective so they do not estimate how much money they will need for retirement, or if they do, they vastly underestimate how much they will need. Accept …
The Working Woman’s Retirement Plan Checklist
What women need to know: Have you earned a retirement benefit(s) at any of your jobs? Do you know how much your benefit(s) will be? Do you know what happens to your benefit if you change jobs? Do you know …
Get Your Ducks in a Row! Adding up your sources of retirement income
WISER’s retirement income worksheet, Get Your Ducks in a Row, will help you to organize each of your sources of retirement income, so there is no guesswork as to how much retirement income you will receive each month. It is …
Retirement Planning Calculators
Preparing for retirement is not just about saving money, it’s also about knowing how much you will need in retirement and creating a plan that will help you get there. In fact, the Employee Benefit Research Institute found that workers …
Employer Retirement Plans: Two Basic Types
There are two basic types of retirement plans typically offered by employers – defined benefit plans and defined contribution plans. Defined Benefit Plans In a defined benefit plan, the employer establishes and maintains a pension that provides a benefit to …
Benefits Checklist: Questions to Ask Your Employer
Employers offer a wide range of benefits. Some of benefits will require deductions from your current paycheck and some will affect your future paycheck. Ask your employer or the human resources manager to explain the benefits available. Health Coverage Find …