The DBk Plan Presented by Pete Mitchell

What is a DB(k)? Basically, a DB(k) combines a pension plan with a matching 401(k) plan. As the name implies, it is a defined benefit retirement plan with some of the features of a 401(k).

Think Twice About Borrowing From Your 401k – Presented by Pete Mitchell

While you might be able to borrow from a 401(k), that doesn’t mean you should. Yes, we are in a recession. Yes, times are tough. But borrowing from your 401(k) could prove highly detrimental to your financial health.

Pete Mitchell’s- What To Do If You’re Laid Off

If you’re laid off, what happens to your retirement money? Well, you have three basic choices with your 401(k). One gives you more freedom and control than the other two.

How To Know If An Indexed Annuity is Good For You – Presented by Pete Mitchell

Fixed indexed annuities can be very useful investments. As the name implies, FIAs are fixed annuities linked to the performance of a stock market index (often the S&P 500). Because of this stock market exposure, they can sometimes bring conservative investors very nice returns – often, considerably better returns than CDs, bonds, or money market accounts. They really aren’t designed to outperform the stock markets; they are designed to outperform the fixed markets.

The “How” & “Why” of an IRA Rollover – Presented by Pete Mitchell

As retirement approaches … money decisions become increasingly major. One big decision concerns what to do with the money in your company retirement plan.