I think the rules of Scrabble should be changed to allow acronyms. We have all been there at least once in our lives – in the midst of a heated moment with friends or family, exchanging furious verbal battles over whether the word they have just put down in a game of Scrabble is in fact allowed. One of the Scrabble rules listed as causing the most arguments is the banned use of acronyms, which many of the leftover, high…
There is an economic principle called the economies of scale, which states the larger something becomes, such as a pension plan, the more efficiently it can be administered. This is the principle to which all of the Plans administered by Christian Brothers Services adhere. For example, in the Christian Brothers Employee Retirement Plan (CBERP) the cost of recordkeeping, actuarial, legal, plus other expenses for almost 30,000 participants is not 10 times greater compared to another defined plan of 3,000. The…
No matter if you have been saving for retirement for years or if you are just starting your career, it is never too early or too late to plan for your future. We are all getting closer to the day when we will say goodbye to working full-time. It may be next month or 40 years from next month, but either way, good planning will help to make your retirement a reality. If you haven’t already done so, take action…