Diem Wealth Management

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5 401(K) TRAPS THAT CAN DAMAGE YOUR RETIREMENT AND WHAT YOU CAN DO ABOUT IT

In 1980, Ted Benna, an employee benefits consultant, started the first known 401(k) plan at his own employer, The Johnson Companies.  Ted found an obscure provision written into law in 1978 enabling companies to help their employees save on a pre-tax basis for retirement.Over time, companies found 401(k) Plans to be an employee benefits panac
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TURN YOUR HEADLIGHTS ON!

Don’t Drive into Retirement Without a Plan If you’ve ever traveled to second or third world countries, you knew you were not in Kansas anymore. Having lived a sheltered life in the Midwest and an Army Tour in Germany, I was not what you’d call a seasoned traveler.
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