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Category: Financial Management

It’s not too late to “catch up”

It’s not too late to “catch up”

For many workers, turning 50 means the start of the homestretch for retirement savings. But if you are 50 or over, here is an important retirement savings strategy that can help to relieve some of the stress this planning can bring and give your savings a boost as you approach retirement: catch-up contributions. Catch-up contributions allow workers age 50 and older to save more in a retirement plan than the annual imposed savings limit. You can make catch-up contributions at…

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Planning for retirement in an uncertain time

Planning for retirement in an uncertain time

COVID-19 is concerning not just from a health perspective, but also from a financial standpoint. The pandemic has put the livelihoods of millions of people in jeopardy and thrown the financial markets and retirement savings into turmoil. While it’s natural for your employees to get discouraged at a time like this, the moves they make—or don’t make—in the coming weeks and months could impact their long-term financial health. Although much of what happens with the stock market is out of…

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Government Benefit Programs Update Webinar

Government Benefit Programs Update Webinar

A workshop with a topic that is always popular at industry events is coming to the CBS Fall Webinar Series. Government Benefit Programs Update—2020-2021, conducted by Constance Neeson, Director, Benefit Eligibility Management at BMT, a division of Christian Brothers Services, will be held Thursday, Nov. 5, at 1 p.m. CT. This important webinar will cover the latest updated information regarding the various available benefit programs. The presentation will include the latest changes in government benefit programs for 2020, with a…

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