Author - BTA Advisory Group

How Generation X Can Overcome Being the Financially Neglected Middle Child

I really like the attached article. Many of the people I meet in my practice are struggling to plan for retirement and feel their situation is hopeless. The quote the author makes gives hope with the admonition of start now: You still have time to get your retirement game on, putting away as much as you can to catch up over the next few decades. The article suggests and list many of the places a person can go to get help to [...]

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5 Essential Money Moves For Generation X

I re-read the article below and was struck again by the authors ability to provide real and solid advise on how to strike balance between the debts and obligations of generation x and preparing for the future, namely retirement. The “sandwich generation” will be well served by taking many of the authors points to heart. My favorite and the first one she makes is: Pay yourself first by skimming retirement savings off the top of your paycheck before whipping out [...]

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Mistake #11

November 2017 Mistake: The plan was top-heavy and required minimum contributions weren’t made to the plan. Fix the Mistake: Properly contribute and allocate the required top-heavy minimum, adjusted for earnings, to the affected non-key employees. Monthly BBQ Recipe  Monthly Beverage Recipe Sazerac Ingredients 1 teaspoon sugar 3 or 4 dashes Peychaud’s Bitters A few drops of water 2 ounces (60ml) rye whisky, such as Sazerac Rye 1 teaspoon Herbsaint, Pernod, pastis, or absinthe 1 lemon peel Directions Chill an Old Fashioned glass or small tumbler in your freezer. In a mixing glass, combine sugar, Peychaud’s Bitters, and [...]

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Mistake #10

October 2017 Mistake: Hardship distributions weren’t made properly. Fix the Mistake: Amend plan retroactively to allow for hardship distributions. If impermissible hardship distribution, have participant return hardship distribution amount plus earnings. Monthly BBQ Recipe  Monthly Beverage Recipe Tom Collins Ingredients 2 ounces (60ml) gin Juice of 1/2 a lemon 1 teaspoon sugar (preferably superfine) Chilled club soda Directions Add gin, lemon and sugar to a Collins glass and stir to dissolve sugar (you can instead use simple syrup and make the process easier). Fill glass with large chunks of ice and top with chilled [...]

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