IntelliVest Wealth Management Blog
Understanding the Prisma Health 403(b) Retirement Savings Plan
Most Prisma employees never chose their contribution rate — the plan enrolled them at 3% and increases it 1% a year. That's a reasonable default, but Prisma's match is discretionary and wasn't funded in 2024, so there's no "contribute this much to get the full match" number to aim at. Here's how the 403(b) works, what it's allowed to do, and how to think about picking a rate yourself.
Understanding the Prisma Health 401(a) Plan
If you work for Prisma Health - Upstate, you likely have two retirement accounts — and most employees only think about one. Your paycheck contributions go into a 403(b). Separately, Prisma puts 3% of your pay into a 401(a) plan in your name. That money isn't fully yours until you've been there three years, and a lot of people leave before they get there. Here's how the plan works and what to check before you give notice.
Understanding the Michelin 401k Savings Plan
Most Michelin employees know the plan matches what they put in. Fewer know Michelin makes a separate annual contribution — as much as 8% of pay — whether they contribute anything or not. Here's what's actually in the plan, why everything vests immediately, and the hire date that determines how much you receive.
My Spouse Doesn't Work — Can They Still Have an IRA? (Spousal IRA Rules for 2026)
One income doesn't have to mean one retirement account. Here's how the spousal IRA lets a stay-at-home spouse build their own retirement savings — and how much you can contribute in 2026.
What Is a Cash Balance Plan? A Powerful Retirement Tool for High-Income Earners
Discover how cash balance plans work, their benefits, and why they’re a top retirement strategy for business owners, doctors, and high-income professionals.
How to Set Up a SIMPLE IRA: A Step-by-Step Guide for Small Businesses
Setting up a SIMPLE IRA is an affordable way for small businesses to offer retirement benefits. This guide walks you through eligibility, plan setup, employee enrollment, and contribution requirements so you can easily launch your SIMPLE IRA plan.
Microsoft Stock Split History
Microsoft has split its stock nine times since going public in 1986, with the most recent 2-for-1 split in 2003. Stock splits increase the number of outstanding shares while maintaining the company's market value, making shares more accessible to investors. Learn how Microsoft stock splits may impact your investment strategy.
Apple Stock Split History
Apple has split its stock five times since going public in 1980, with the most recent 4-for-1 split in 2020. Stock splits increase the number of outstanding shares while maintaining the company's market value, making shares more accessible to investors. Learn how Apple stock splits may impact your investment strategy.
What Is a Simple IRA? A Beginner's Guide to Retirement Savings
Wondering what a Simple IRA is? This guide breaks down everything you need to know about this easy-to-manage retirement plan, its benefits, and how to get started.
What Is a Beneficiary? Everything You Need to Know
A beneficiary is someone designated to receive assets or benefits from a will, life insurance policy, trust, or retirement account. Understanding what a beneficiary is and choosing the right one is crucial for effective estate planning. Learn more about the different types of beneficiaries and how they impact your financial future.
Are Dividends Liabilities? Understanding How Dividends Affect a Company's Balance Sheet
Are dividends liabilities? Learn when they become liabilities, how they affect a company’s balance sheet, and what this means for investors. Explore our detailed guide now!
Understanding the 401(k) Rollover Process: A Step-by-Step Guide
Thinking about a 401(k) rollover? Our comprehensive guide walks you through the process, benefits, and potential pitfalls, ensuring a smooth transition for your retirement savings.
What is a 401(k) and How Does It Work?
A 401(k) is a powerful retirement savings plan that allows employees to invest a portion of their paycheck before taxes are deducted. With tax advantages, employer matching, and the potential for compound growth, a 401(k) helps you build wealth for retirement. Learn how it works, the different types (Traditional vs. Roth), and why contributing can be a smart financial move. Discover everything you need to know about maximizing your 401(k) savings today!
Understanding the Traditional IRA: A Retirement Savings Tool
A Traditional IRA is a tax-advantaged retirement account that allows you to save for the future with tax-deductible contributions and tax-deferred growth. Learn how it works, its benefits, contribution limits, and whether it's the right choice for your retirement strategy. Read more to maximize your savings!
What Is a Roth IRA? A Beginner’s Guide
A Roth IRA is a tax-advantaged retirement account that allows your money to grow and be withdrawn tax-free. Learn how it works, key benefits, contribution limits, and whether it’s the right choice for your financial future.
What Happens to Your 401(k) When You Die?
Wondering what happens to your 401(k) when you die? Learn how your retirement savings are passed to beneficiaries, the options available for spouses and non-spouses, and the tax implications they may face. Ensure your legacy is protected by updating beneficiary designations and integrating your 401(k) into your estate plan. Discover key insights to secure your financial future for your loved ones.
Tax-Advantaged Strategies for Your NVIDIA Stock Purchase
Discover tax-advantaged strategies for your NVIDIA stock purchase, including tips on reducing capital gains, Exchange Funds, and charitable giving. Maximize your investment and minimize taxes with these insights.
Unlocking the Value of Independent Trustee Services
Independent trustee services provide impartial, professional management of trust assets, ensuring fairness, compliance, and expert financial oversight. Whether managing family trusts, special needs trusts, or high-net-worth estates, independent trustees bring stability and peace of mind. Learn how these services can safeguard your legacy and streamline trust administration.
What Are Exchange Funds? A Comprehensive Guide to Diversification
Exchange funds offer a smart, tax-efficient way for investors with concentrated stock positions to achieve diversification. Learn how these innovative investment tools work and their key benefits.
The Power of the Mega Backdoor Roth: A Comprehensive Guide
Unlock the potential of the Mega Backdoor Roth! This advanced retirement strategy lets high-income earners maximize contributions and enjoy tax-free growth. Learn how to implement it today.