Retirement

Retirement 101

DEfined Benefits & Cash BAlance Plans

401(k), 403(b), and more

Have a different Question?

Retirement University

We've put together videos, white papers, and blog posts to help you better understand retirement, 401(k), 403(b), and Cash Balance.

Sarah joined the Odyssey Advisors team in February, 2016. She works with clients to value their retiree medical, dental, and life insurance benefits.

We understand that you want to focus your time and energy on your business, not taxes and retirement. That’s why we are here to help!

- Sarah Rothenberg, ASA, MAAA, Consulting Actuary

Top Reasons to get Educated on your Financial Future

Hindsight is 20/20, but that wisdom winds up arriving too late. In order to secure a satisfying and comfortable retirement, you will need to educate yourself about how to arrive at such a successful financial future. A financial advisor can handle the specifics of investment vehicles and strategies, but the long-term road map is dependent…

Top Habits to Ensure a Successful Retirement

The journey of a thousand miles begins with a single step. This adage is a guiding principle in preparing for your financial future. Seek out the cold hard facts about precisely how much you will need in your nest egg, and work backwards from there by taking the very first steps. Every little bit helps,…

Expert 401(k) Customization for Your Retirement

Business owners have enough day-to-day stress. The last thing you want to worry about is managing a retirement portfolio. Your future well-being depends on this kind of long-term planning, and it is important to have your needs catered to in a customized way. At Odyssey Advisors, we pride ourselves on this level of customer attention.…

Plan Management: Proactive Peace of Mind

The next best thing to a crystal ball is solid planning; your financial future will be well grounded and clearly defined. With this approach to plan management, you can be proactive instead of reactive. The bottom line, in the long run, is that you will save more money and have peace of mind along the…

Three Ways A TPA Can Help Reduce Your Administrative Burdens

As a financial advisor, one of your primary goals is to streamline the interaction between you and your clients. This eases administrative burdens on all parties. Bringing in a TPA (third party administrator) can help distribute tasks and make everything go more smoothly. You’ve probably had clients who had to handle issues ranging from ADP…

Promote Growth and Retention

A TPA promotes growth and retention Most clients and prospects are looking for more than a “one man band” when it comes to financial consulting. They prefer to see a team with a depth of expertise. A third party administrator acts as an intermediary between you and your clients. They are skilled at handling administrative work.…

Increase Market Opportunity

A TPA can increase market opportunity A third party administrator can use their expertise to expand your business into new markets. Rather than just looking for “vanilla” or “cookie cutter” plans, a TPA’s expertise will allow you to provide custom solutions to problems. This enables you to sell a solution instead of a product, all…

Expand Your Service Offerings

A TPA can expand your service offerings In the financial planning realm, we work with a great variety of businesses, and each has a unique set of needs and priorities. For example, a 27 year-old startup business owner with two employees has a foreseeable range of relatively straightforward needs. Compare him to the 56 year-old…

Boost Participation in 401(k) Plans to Avoid the Dreaded “Rebate” Check

A bank error in your favor … a rebate on the purchase of a car … a tax refund from the IRS. Most of us welcome getting money back in one form or another. But many business owners and executives are less than thrilled when they have to take back money they have already contributed…

The IRS Identifies Common Mistakes by 401(k) Plans

Few things make palms sweat and throats constrict more quickly than when the IRS hands out a list of “mistakes.” Each year, the IRS publishes a list of common mistakes by companies that sponsor 401(k) retirement plans. Instead of being intimidating, however, the tax agency’s findings can actually prove beneficial to those businesses that take…