Inside The Plan With The 401(k) Brothers

In today's episode of the "Inside the Plan with the 401(k) Brothers", host Bill Bush and Andy Bush, advisors at Horizon Financial Group talk about their recent trip to San Diego for the National Association of Plan Advisors Summit, and share some stats from one of the presentations.     Episode Highlights ·          01:19: Spring has sprung and are folks looking forward to the summer and hopefully...

In today's episode of the "Inside the Plan with the 401(k) Brothers", host Bill Bush and Andy Bush, advisors at Horizon Financial Group are going to talk about the concepts of living long and prospering. They discuss about the importance of saving and proper planning for your retirement.     Episode Highlights ·          02.38: It is very hard to visualize what aging has, what the effect of aging...

In today's episode of the "Inside the Plan with the 401(k) Brothers", host Bill Bush and Andy Bush, advisors at Horizon Financial Group share what happened just before the New Year; some sweeping legislation was passed that had to do with retirement plans and retirement savings. It was called the SECURE ACT 2.0 and the "secure" part stands for setting every community up for retirement enhancement....

In today's episode of the "Inside the Plan with the 401(k) Brothers", host Bill Bush and Andy Bush, advisors at Horizon Financial Group take a look at top financial regrets. There is a certain saying out there and it goes something like this - NO REGRETS. Bill and Andy discuss the top 5 regrets often made by young and old Americans.     Episode Highlights 01:41: As per Bill, for most folks if you...

In today's episode of the "Inside the Plan with the 401(k) Brothers", host Bill Bush and Andy Bush, advisors at Horizon Financial Group take a look at changes in company retirement plan contribution limits for the coming year 2023 and will compare them with year 2022.   Episode Highlights 00:51: It is that time of year, that not only is fall or autumn, but it's the time of year that the IRS looks...

In today's episode of  the "Inside the Plan with the 401(k) Brothers" , host Bill Bush and Andy Bush, advisors at Horizon Financial Group take a look at the anatomy of a Recession, define what it is, what causes it and what are some of the traits around it.     Episode Highlights 01:30 – Recessions are not identified until they have passed and they've started to pass and leave. So it's kind of a l...

In today's episode of  the "Inside the Plan with the 401(k) Brothers" , host Bill Bush and Andy Bush, advisors at Horizon Financial Group talk about HSAs as a Retirement Strategy. They take us through Health Saving Plans which can also act as retirement plans, and these health saving accounts can actually be valuable over time that you can access in retirement. Bill and Andy are going to go throug...

In today's episode of  the "Inside the Plan with the 401(k) Brothers" , host Bill Bush and Andy Bush, advisors at Horizon Financial Group talk about the Summary Plan Description of a 401(k) plan. Every participant should have a copy, and each plan's is unique....but what does it include? What's the Plan, Stan? The 401(k) Bros. break it down for you...   Episode Highlights 02:40 – First of all, the...

  In today's episode of  the "Inside the Plan with the 401(k) Brothers" , host Bill Bush and Andy Bush, advisors at Horizon Financial Group talk about a project at Horizon that they have been working on for about a year and a half called 'The Runway Decade'. It's something geared towards those people who are turning over 50 or close to retirement. So, there's a book that is out called 'The Runway...

In today's episode of  the "Inside the Plan with the 401(k) Brothers" , host Bill Bush and Andy Bush, advisors at Horizon Financial Group, in their 'Generation's Series', talk about the investment behaviors of 'Baby Boomers', the generation which includes the birth years 1946 to 1964.     Episode Highlights 01:30 – In the US, the 'Baby Boomer' generation comprises about 70 million people. 03:35 -...

In this episode of  the "Inside the Plan with the 401(k) Brothers" , hosts Bill Bush and Andy Bush, advisors at Horizon Financial Group, continue their 'Generation's Series' where they go generation-by-generation and talk about some of the saving habits and what's on the minds of individuals. So, in this episode of the 'Generation's Series', they will continue talking about 'Gen – X' and their beh...

In today's episode of  the "Inside the Plan with the 401(k) Brothers" , host Bill Bush and Andy Bush, advisors at Horizon Financial Group, continue their 'Generations Series' where they go generation-by-generation and talk about some of the saving habits and what's on the minds of individuals. So, in this second episode of the 'Generations Series', they're going to talk about Millennials and their...

In today's episode of  the "Inside the Plan with the 401(k) Brothers" , host Bill Bush and Andy Bush, advisors at Horizon Financial Group, initiate the 'Generation's Series' where they would go generation-by-generation and talk about some of the saving habits and what's on the minds of individuals. The majority of this generation holds a certain characteristic trend as they're at different stages...

In this episode of " Inside the Plan with the 401(k) Brothers" , Bill Bush and Andy Bush, advisors at Horizon Financial Group talk about the 21st Annual Transamerica Retirement Survey, discussing the top 8 retirement dreams of workers, what the results were of that survey, and then give their feedback into that.     Episode Highlights 02:26 - One of the main things they always tell people is that...

In this episode of " Inside the Plan with the 401(k) Brothers" , hosts Bill Bush and Andy Bush, advisors at Horizon Financial Group talk about how the New Year is always a good time to plan for the upcoming year as well as reflect on the financial progress you've made.   Episode Highlights 01:25 – Andy mentions that in terms of the savings, especially in the company retirement plan, the new year b...

In this episode of " Inside the Plan with the 401(k) Brothers" , Bill Bush and Andy Bush, advisors at Horizon Financial Group, talk about and review some legislative moves made right before the Pandemic  as the Secure Act was passed. They also look forward to and discuss several proposals on the board, which could affect individual savings and retirement plans including 401k, IRAs, IRAs, etc.   Ep...

In this episode of  Inside the Plan with the 401(k) Brothers , Bill Bush and Andy Bush, advisors at Horizon Financial Group, talk about the ways to construct a plan that works for you and also discusses about the 5 points that participants need to follow during financial planning.   Episode Highlights: 1.48 – Andy says that people during summer go on a vacation and things they usually do get less...

In this episode of  Inside the Plan with the 401(k) Brothers , Bill Bush and Andy Bush, advisors at Horizon Financial Group, talk about Social Security benefits. They share some facts about the program works, how benefits are calculated, and mention resources to use so that you can make more informed decisions about when to apply for Social Security.   Episodes Highlights 00:56 –Bill and Andy want...

In this episode of ' Inside the Plan with the 401(k) Brothers' , Bill Bush and Andy Bush, advisors at Horizon Financial Group talk about the benefits of doing a personal audit and share some tips on how to do that.   Episode Highlights:                   01:18: - Andy says that last year during pandemic it seemed like there was almost a little bit more freedom as they were still working, but there...

In this episode of ' Inside the Plan with the 401(k) Brothers' , Bill Bush and Andy Bush, advisors at Horizon Financial Group answer some of the participants' questions on Financial / Tax / Retirement Planning from their recent meetings.   Episode Highlights:   01:30: - Andy and Bush answer the first question which comes from a participant, "How much tax will I pay when I withdraw from my 401(k)"?...

In this episode of Inside the Plan with the 401(k) Brothers , Bill Bush and Andy Bush, advisors at Horizon Financial Group, talk about tidying up financial clutter, strategies for getting rid of documents you no longer need, and how to stay on top of your economic situation.    Episode Highlights:           02:57 – What should you do with your financial documents that are laying around?          0...

In this episode of Inside the Plan with the 401(k) Brothers , Bill Bush and Andy Bush, advisors at Horizon Financial Group, talk about returns, markets, and historical numbers associated with the S&P 500.  Episode Highlights:           01:12 – Bill Bush and Andy Bush talk about forms of volatility that have                           affected the stock market, like the pandemic.          02:32 – Ev...

In this episode of Inside the Plan with the 401(k) Brothers, Bill and Andy Bush, advisors at Horizon Financial Group, share some tips envisioning what your retirement might look like, with  best practices based on a recent survey conducted by the Employee Benefit Research Institute.   Episode Highlights:   1:10 - According to a recent survey, many retirees find that retirement does not live up to...

In this episode of Inside the Plan with the 401(k) Brothers, Bill Bush and Andy Bush, advisors at Horizon Financial Group, talk about why getting life insurance is an act of love. They share insight into what goes into a term life insurance policy, how to estimate what you need from a policy, and more.   Episode Highlights:   Double check that your beneficiaries are correct on your plan, especiall...

In this episode of Inside the Plan with the 401(k) Brothers , Bill Bush, an advisor at Horizon Financial Group, talks with Jason Roussell from ADP about financial wellness, the programs they offer clients, the work they do with Louisiana businesses, and how stress is impacting employees and employers.    Episode Highlights:           01:06 – Jason Roussell describes his role with ADP.         02:0...