Gaining Perspective

At the beginning of July, Equitable announced the addition of customized managed accounts and a cash balance plan to its group retirement plans for small-to-medium sized businesses. These additional services will allow business owners and their employees to further tailor their investment portfolios and allow business owners to lower their tax burden. These solutions come at a critical time for small-to-medium sized business owners saving for retirement. Research conducted by Equitable showed that while almost 40% of small businesses have reported a loss of income due to COVID-19, only 12% have stopped or lowered their retirement contributions and only 2% pulled money out of the markets.

Show Notes

At the beginning of July, Equitable announced the addition of customized managed accounts and a cash balance plan to its group retirement plans for small-to-medium sized businesses. These additional services will allow business owners and their employees to further tailor their investment portfolios and allow business owners to lower their tax burden.

These solutions come at a critical time for small-to-medium sized business owners saving for retirement. Research conducted by Equitable showed that while almost 40% of small businesses have reported a loss of income due to COVID-19, only 12% have stopped or lowered their retirement contributions and only 2% pulled money out of the markets.

What is Gaining Perspective?

This podcast is hosted by Advisor Perspectives, one of the leading publications for financial advisors. Our podcast series brings you short interviews with top thought leaders in financial advice, planning, investments and economics. Each episode focuses on a specific issue facing financial advisors. Listeners will learn the key trends affecting the way they and their competitors operate and the steps advisors can take grow their practices and deliver better service to their clients.