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Finance

5 ways how Secure Act 2.0 is impacting your retirement plans (401k, 403b and others)

The SECURE 2.0 Act seeks to achieve an increase in retirement savings among people, strengthen retirement laws, and reduce the…

Cheat Sheet for retirement planning

So many types of accounts and too many plans!! Today, an individual has so myriad options to save for retirement…

You Make these Required Minimum Distribution mistakes too?

The drill for acquiring required minimum distribution (RMD) is very simple, for any retirement plan. As you turn 72 years…

Mid-year tips on checking your financial well-being

No one could ever think even in their wildest dreams that someday a man would be caged inside his home…

What being nominated by LeapDroid as the Top Retirement App Means to us

We, at Plootus were elated to be nominated as a TOP RETIREMENT APP of 2021!! Being chosen for best performance…

5 Mistakes to avoid while investing in 401ks

Saving for the last leg of one’s life is ideally what should be done while heading there. But not everyone…

Impending Recession: A Fallout From COVID-19

The market volatility due to COVID-19 has evaporated billions of dollars out of average American only source of retirement i.e. their 401k plans. The…

All You Need to Know About No-Penalty 401(k)/IRA/403b Withdrawal in the CARES Act

Waives the 10% early withdrawal penalty for distributions up to $100,000 from qualified retirement accounts for those affected by the…

What’s in Store For The US in 2020?

Economic Outlook 2020 2019 was full of ups and downs consequent to US-China trade war, Trump impeachment and Brexit, the…

An Open Architecture 401k Plan

An Open Architecture 401k plan allows an employer to change any component of the plan - the third-party plan administrator,…

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