Insurance Services

Advisory Services

Month: October 2025

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401(k) Loan Repayment Rules: What Happens If You Default?

When times get tough, borrowing from your 401(k) may seem like a smart solution.  After all, it’s your money, right?  But here’s the catch: If you don’t follow the 401(k) loan repayment rules, you could end up facing serious tax bills and penalties, and possibly hurt your retirement future. Let’s break down what really happens… Continue reading 401(k) Loan Repayment Rules: What Happens If You Default?

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Why a Market Correction Could Be Good News for Investors

After a strong third quarter and a better-than-expected September, investors are asking, “How much longer can this last?” In his latest market update, Mark Sorensen, CEO and Chief Investment Officer of Royal Fund Management, explains why he believes the current bull run still has room to grow.  While talk of bubbles and overvaluation fills the… Continue reading Why a Market Correction Could Be Good News for Investors

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IRS Finalizes Rules on 401(k) Catch-Up Contributions

If you’re 50 or older and planning to make catch-up contributions to your 401(k), big changes are on the way – especially if you’re a higher-income earner. The IRS recently issued final regulations under the SECURE 2.0 Act, and they clarify exactly how these contributions must be handled starting in 2026. Here’s a breakdown of… Continue reading IRS Finalizes Rules on 401(k) Catch-Up Contributions