When markets decline, it can be difficult to ignore the negative headlines. But when investing for long-term goals like retirement, it’s important to stay the course and not panic. Read more.
In accordance with IRS guidelines, Transamerica will mail 1099-R tax documents by January 31. You will receive a copy if you had a taxable distribution or performed a rollover from your account. Your 1099-R should arrive shortly after January 31.
Recently, the IRS announced the annual contribution limits for retirement savings plans, such as 401(k) and 403(b) plans. For 2016, the limits remain the same as the previous year. Are you saving the maximum amount?
No one wants to think about what will happen to their retirement savings after they die. But if you don’t take a few minutes to name your beneficiaries, your loved ones could face an extra burden down the road.
Keep your designation current! Sign in to your account and follow the instructions there to designate or change your beneficiary today.