Personal Finance

The Switch: SIMPLE IRA to a 401(k) Plan

Stephen Palm Financial Advisor HFG Trust

7 Things to Consider Before Switching from a SIMPLE IRA to a 401(k) Plan Many businesses looking to start a retirement plan for their employees choose to utilize the SIMPLE IRA plan. There are several reasons business owners make this decision, including the low administration burden and reduced cost. However, as a company grows it […]

5 Ways to Minimize Student Loan Debt

Bob Lagonegro Financial Advisor HFG Trust

Rising tuition prices create a real challenge for many students and families attempting to finance a college education. During the 1990s, tuition and fees increased by 92%. This may sound substantial until you compare it to the 1404% increase from 1979 to 2018. For early baby boomers, funding college was similar to buying a new […]