The Flaws of Target-Date Funds in Optimizing a Credit Union Executive’s Retirement Income
Both of these statements are accurate: Almost 80% of credit union 401(k) plan participants have all or some of their retirement savings in a target-date fund (TDF), and they’re only gaining more popularity since they were first introduced in 1994. Target-date funds are the wrong investment vehicle for most credit union executives. If this isn’t […]
Unlock 25% More in Assets With Personal Strategic Financial Planning
ACT Advisors is proud to release our white paper, The 125% Credit Union Executive, where we explain how financial planning is one of the least expensive benefits a credit union can provide its executives while significantly improving their financial outcomes — by as much as 25%. Executive benefits present many complexities that require personal financial […]
How Credit Union CEOs Can Make Bold Moves and Balance Personal Risk—At the Same Time
When is the appropriate time to undertake your boldest or most innovative projects? As a credit union CEO, you’ve likely considered how the risk of significant organizational changes may affect your future employment, and ultimately, long-term finances. These risks may arise from financial strain on your credit union or political challenges among your board. We’re […]
