Archive for May 2023
California’s Retirement Mandate And What this Means for Business Owners
California has already passed legislation that mandates business owners without retirement plans to offer a state-mandated retirement plan. Though you may think that using the state-run plan will be a simple solution, you should know that these plans require a more significant amount of administrative work than may be expected on your end and have limited contribution…
Read MoreBusiness Owner Best Practice: 5 Tips for a Productive Semi-Annual Company Retreat
5 Tips for a Productive Semi-Annual Company Retreat. Define clear objectives: Set specific goals for the retreat to guide planning and ensure alignment with company values. As followers of the EOS system, this step helps us stay focused and on track. Choose a suitable location: Select a venue that encourages open communication and has the…
Read MoreAvoid Late Fees and Streamline Your 5500 Filing with Advanced 401k Solutions
The Form 5500 filing process is a critical requirement for employee benefit plans. However, it can be complex, time-consuming, and pose significant administrative challenges for plan administrators. With the July 31st deadline fast approaching, avoiding late fees, and streamlining the process is crucial. In this blog post, we’ll discuss how partnering with Advanced 401k Solutions…
Read MoreVance Wealth’s Annual Spring Reception: A Fun Event Celebrating 20 Years
At Vance Wealth, we not only strive to remove the stress that typically accompanies the financial planning process, but we also endeavor to make it feel as positive, optimistic, and motivating as possible. When the occasion calls for it, we even try to make the experience fun for everyone, and last quarter, that meant it…
Read MoreVance Wealth Unveils Growth Plans In Newport Beach Tyler Tilton To Lead Expansion Efforts
Vance Wealth’s Growth Plans in Newport Beach with Tyler Tilton, Financial Advisor. We are thrilled to unveil our growth plans in Newport Beach, with Tyler Tilton leading the expansion efforts. Tyler has recently relocated to the area, and plans are under way to open a new office soon. “Tyler Tilton has always been a valued…
Read MoreHow does the Secure 2.0 Act of 2022 impact 529 plans, and what are some opportunities it provides?
HOW DOES THE SECURE 2.0 ACT OF 2022 IMPACT 529 PLANS, AND WHAT ARE SOME OPPORTUNITIES IT PROVIDES? Get insights from Matthew Rivera, Wealth Advisor Q: What is a 529 plan? A: A 529 plan is a savings plan designed to help families save for education expenses. The funds in a 529 plan can be…
Read MoreMaximizing Your Cash Reserves: Expert Advice
Maximizing Your Cash Reserves: Expert Advice with Anthony Goring, Investment Associate If you have substantial cash reserves in your account with a low return rate, you may want to consider taking the following actions: 1. Evaluate your financial goals and risk tolerance: Before making any investment decisions, it’s essential to consider your financial goals, risk…
Read MoreRetirement Tips by Generation: Maximize Your Savings During Each Stage of Life
It’s never too early to start planning for retirement – and it’s never too late. In fact, the best time to begin preparing for your ideal financial future is now. However, the right retirement and savings strategies are different at each stage of life. To help you get an idea of where to start, here…
Read MoreFrom the Desk of John Vance
After closing out a busy year and setting up for a successful start to 2023, much of our planning work was done, and I was able to enjoy some time with people I care about, both in the community and at home. In February, we celebrated the 2023 Empowering Hearts honorees and artists at Single…
Read MoreVANCE WEALTH TEAM MEMBER SPOTLIGHT: Brandy Sanchez, Human Resources Manager
With a positive presence and a passion for helping others grow in their professional roles, Brandy puts her experience in talent development to work as the Human Resources Manager at Vance Wealth. “Some of my greatest responsibilities include the recruitment, onboarding and development of our team,” Brandy shared. “It’s essential that we have the best…
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