◀ The Principal Blog

Posts by Lance Schoening, Director -Retirement Services, the Principal Financial Group, Princor Registered Representative

MyRA: The Pros and Cons



During his State of the Union address last week, President Obama announced a new retirement savings program called My Retirement Account or MyRA. Labeled as a “starter savings account,” the plan is intended to be a voluntary savings vehicle for those who want to save for retirement, but don’t…

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DOMA Ruling and Retirement Plans: A Simple Case of Cause and Effect



Cause and effect is a fairly simple concept that can be applied to almost every decision, action, or in this case, legislative ruling. The Supreme Court’s recent decision, declaring a portion of the Defense of Marriage Act (DOMA) unconstitutional, has received much public attention. However,…

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