Investment Insights Blog | Plancorp | Business Strategy

Cash Balance Plans for Content Creators

I’ve written a few articles on Cash Balance Plans; you can find everything I've written here; but I wanted to focus this piece on a specific group – content creators. Read more…

Is My Business Right For a Cash Balance Plan?

I wrote a piece about what a Cash Balance Plan is recently, which you can find here. The natural question after reading that is “Is my business a good candidate to set up a Cash Balance Plan?” Read more…

Small Business 401(k) Retirement Plans - Safe Harbor Match vs. Safe Harbor Non-Elective

For a myriad of reasons – from automatically passing ADP testing, helping with Top-Heavy failures, or owners saving $60,000+, many businesses choose to use a Safe Harbor formula in their 401(k) retirement plan. Let’s find out what the Safe Harbor formulas are and why you may choose one over the Read more…

3 Financial Considerations for Setting Up Your Business

If you have a groundbreaking entrepreneurial idea floating around your head, then you may be wondering what to consider before starting a business. One simple mentality will help — the more planning you do upfront, the better off your new business venture will be. It's just like taking a vacation. Read more…

Mega Backdoor Roth? Probably Not for Small Business Owners.

I’ve read the articles and maybe you have too; articles about Mega Backdoor Roths (MBRs) that promise a lot – but maybe don’t explain all the issues they may cause for certain businesses or people. In this article, I'm going to review what a MBR is, how it works, and while it may be good choice for Read more…

Learn How Business Owners Can Save More Than $60,000 a Year Into Their 401(k)

For many people, the question “How much can I save into my 401(k)?” has a simple answer. If you are under age 50 in 2021 you can save $19,500 into your 401(k). If you are over 50 you can save $26,000. Read more…

5 Common Scenarios That Call for Deeper Financial Expertise

Every family is unique, and everyone has their own questions, priorities, and vision for the future. However, there are certain life events or financial situations that are especially complex and call for deeper expertise from a financial advisor.  Read more…

The Money Tree (and Other Basic Investing Principles)

How old were you when you first started seriously thinking about money? For me, it was when I was eight, based on “The Money Tree” book that I “authored” for a third-grade assignment. Read more…

7 Things You Should Know Before Investing in Bitcoin

Bitcoin and other cryptocurrencies have delivered eye-popping returns in 2020 and 2021. All kinds of crypto – including what started as a joke and meme, Dogecoin – are receiving heightened media attention as a result. The value of Bitcoin and cryptocurrencies has risen sharply in past months. But Read more…

Should You Invest in Gold?

Gold is shiny and makes nice jewelry, but it doesn’t impress me as an investment. Read more…

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