A Mountain Climber’s Perspective on Risk

Imagine you’re a mountaineer about to scale the face of El Capitan in Yosemite National Park. As you hike to the bottom of the face your level of risk to injury is relatively low. You might trip and fall on your hike but any injury is nonetheless negligible. In this situation, your exposure to downside…

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BeManaged Holiday Hours

We hope you are all getting ready for this fast approaching holiday season! And because we wanted to best prepare you for the upcoming weeks, we’d like to let you know what our support hours will be. We will be observing limited hours the following days: – Friday, December 23 – 8:00 AM – 12:00…

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BeManaged November Newsletter – The European Debacle Continues

The European Debacle Continues “It’s tough to make predictions, especially about the future” – Mark Twain The European saga continues! In the final weeks of October, the European Union constructed a bailout package to save Greece from almost certain default. Markets around the world cheered the news as a sign of hope for the debt…

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7 Lies We Tell Ourselves About Saving Money (Video)

Recently, I have had some interesting conversations that centered around how we talk ourselves out of saving money. Simply put, we tell ourselves little lies we make up in our head. We end up talking about how we spend money, as if we manage that, saving it is easy. Let’s face it, it’s much more…

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IRS Contribution Limits for 2012

Today the IRS posted the 2012 retirement plan limits, and for the first time since 2009, they are increasing! The new limits are as follows: Elective Deferrals for 401k/403b/457: $17,000 (increased from $16,500 in 2011) Catch-Up Contributions for 401k/403b/457: Remains at $5,500 Annual Compensation: $250,000 (increased from $245,000 in 2011) Annual Additions Limit for Defined Contribution…

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