Contact Us
Office: 559-924-0304
Fax: 559-924-0314
E-mail: team@rwmfinancialgroup.com
Address: 406 B. Street, Lemoore, CA 93245
Follow Us on Social Media @RWMFinancialGroup
Firm Disclosures
Check the background of your financial professional on FINRA’s BrokerCheck.
The Financial Consultants at RWM Financial Group are registered representatives with, and securities are offered through LPL Financial, Member FINRA / SIPC. Investment advisory services offered through Global Retirement Partners, LLC, an SEC registered investment advisor. RWM Financial Group and Global Retirement Partners are not affiliated with LPL Financial.
The Financial Professionals associated with LPL Financial may discuss and/or transact business only with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state.
Outlook 2025: Pragmatic Optimism
NewsLPL Research’s Outlook 2025: Pragmatic Optimism provides a comprehensive analysis of the economic and market trends shaping the year ahead. With insights into AI-driven growth, evolving tax policies, and potential market opportunities, this report offers valuable guidance for investors seeking to navigate 2025’s complexities with confidence.
How Companies Can Ensure Their Plans Align with Employee Goals-And How RWM Financial Group Can Help
401(k), Employer Resources, News, Retirement Plan Design, Tribal Retirement PlansAlright, let’s cut to the chase—everyone wants to feel like they’re part of something meaningful, right? For companies, aligning their big plans with what their employees are aiming for isn’t just a nice-to-have; it’s a must if they want everyone on board, motivated, and ready to go the extra mile (without a grumble). Here’s a […]
End of Year Retirement Plan Checklist: October -December Compliance Guide
401(k), Employer Resources, News, Retirement Plan Design, Tribal Retirement PlansAs we approach the final quarter of the year, it’s crucial to stay on top of important retirement plan deadlines to ensure compliance with the U.S. Department of Labor and IRS regulations. From timely deposits to participant notices, adhering to these deadlines will help keep your plan in good standing. Here’s a month-by-month guide to […]
Unveiling the Hidden Pitfalls of Retirement Planning: A Mission for Financial Maverick
401(k), Employer Resources, News, Retirement Plan Design, Team Announcement, Tribal Retirement Plans, Wealth ManagementIn the high-stakes world of retirement planning, navigating hidden fees and complex investment structures can feel like flying a jet through a storm without a radar. Much like the iconic pilots of Top Gun, who train to be the best in high-pressure situations, understanding and mastering your financial landscape is a mission that requires precision, […]
Exciting News: RWM Financial Group’s New Partnership with Global Retirement Partners, LLC
News, Team Announcement, Wealth ManagementAt RWM Financial Group, our commitment to providing you with exceptional service and support is unwavering. We are excited to announce a significant step forward in our journey to serve you better. Effective September 16th, 2024, RWM Financial Group transitioned our compliance and regulatory oversight to Global Retirement Partners, LLC. Why This Change? The financial […]
Understanding the Different Types of 401(k) Plans for Businesses
401(k), Employer Resources, NewsChoosing the right retirement plan is a crucial decision for business owners who want to support their employees’ financial futures while also benefiting from tax advantages. With various 401(k) options available, including traditional and Roth 401(k)s, as well as SIMPLE and Safe Harbor 401(k) plans, it’s important to understand the differences and how they can impact your business.
Mid-Year Financial Check-Up: Why It’s Important and How to Conduct One
401(k), News, Wealth ManagementAs we reach the halfway mark of the year, it’s the perfect time for a Mid-Year Financial Check-Up. Whether you’re a meticulous planner or more of a free spirit, taking a moment to review your financial goals and adjust your strategies can make a significant difference. In our latest blog post, we explore the importance of this check-up, provide tips for reviewing your finances, and discuss the benefits for both personal and business financial health. With insights from RWM Financial Group, a SmartVestor Pro with Dave Ramsey, you can navigate your mid-year review with confidence and set yourself up for a successful second half of the year. Dive into our comprehensive guide to ensure your financial plans are still on track!
Powerful 529 Plan Benefits
News, Wealth ManagementCollege Savings is important, we discuss several burning issues about these popular college savings vehicles. Assets in 529 college savings plans more than doubled in ten years, topping $370 billion at the end of 2019 according to the Federal Reserve. Interest in 529 plans has grown as students and parents fret over rising tuition costs and increasing student debt loads. These accounts offer many advantages for saving for higher education expenses, but it’s also important to know the rules about how they work.
Tribal Trust Management Guide
News, Tribal Retirement Plans, Wealth ManagementTribal trusts play a crucial role in providing essential benefits such as healthcare, education, and housing to tribal members. This article aims to provide employers and plan participants with a comprehensive guide on effectively managing tribal trusts.
Fiduciary Tips from RWM Financial Group
401(k), Employer Resources, News, Retirement Plan Design, Wealth ManagementIn the world of financial advice, discovering reliable guidance can seem as challenging as finding a needle in a haystack. Amidst a myriad of conflicting opinions and concealed motivations, individuals often feel overwhelmed and uncertain. However, there’s a beacon of integrity in this chaos: fiduciary responsibility. At RWM Financial Group, we hold ourselves to the […]
Charting Your Financial Journey with RWM Financial Group as Your SmartVestor Pro Partner
News, Team Announcement, Wealth ManagementEmbarking on a financial journey can often feel like setting sail on vast, uncharted waters. With so many decisions to make and potential storms to weather, having a seasoned navigator by your side can make all the difference. This is where the concept of a SmartVestor Pro comes into the picture, and RWM Financial Group […]
Writing Your Company’s Retirement Plan Goals
401(k), Employer Resources, News, Retirement Plan Design, Wealth ManagementGuess what? Your company’s retirement plan is like a superhero cape for your organization’s goals. But hold up, before you dive into the superhero action, let’s figure out what you really want to achieve. So, you know how employers sometimes feel a bit lost when setting up those retirement plan goals? Well, no worries! We’re […]
Unlocking Financial Opportunities: The Art of 529-to-Roth Rollovers Explained by RWM Financial Group
401(k), News, Wealth ManagementHey there, savvy savers! Ready to dive into the nitty-gritty of 529-to-Roth IRA rollovers? The SECURE 2.0 Act has opened up a whole new avenue to shuffle around those unused 529 funds for the benefit of your loved ones’ retirement. Let’s break it down, RWM-style. So, picture this: you’ve been stashing away in a 529 […]
Navigating the 401(k) Adventure: A Friendly Guide to Fiduciary Best Practices with RWM Financial Group
401(k), News, Retirement Plan DesignHey there, savvy decision-makers at RWM Financial Group! Let’s chat about the nitty-gritty of your 401(k) game plan and why keeping an eye on those investments is a big deal. We get it, steering through the fiduciary responsibility maze can be a bit overwhelming, but fear not – we’re here to guide you with a […]
Why Sponsor a 401(k) Plan for Small Business?
401(k), News, Retirement Plan Design5 Good Reasons To Set Up A 401(k) Plan Even if Your Company is Small The 401(k) plan is a favorite retirement savings vehicle for Americans. It is estimated that 52% of working Americans work for a company that offers a 401(k) or similar plan. But, while more than 67% of very large companies offer […]
Big Birthdays After 50 – And Why They Matter
401(k), News, Wealth ManagementSo, you know how kids hit that age where they proudly declare they’re “eleven and a half” or some such? Well, guess what? Once you’re past the big 5-0, those half-birthday vibes start making a comeback. And here’s the twist – these birthdays and “half-birthdays” are not just about adding candles to your cake. Nope, […]
2024 Compliance Calendar
401(k), Employer Resources, News, Retirement Plan Design, Tribal Retirement PlansStay ahead of deadlines with help from our annual Compliance Calendar. If you have any questions about deadlines or the information requested, please get in touch with us to review today! RWM Financial Group is committed to providing solutions and support for yours and your employees’ retirement. Here’s a handy checklist to keep your retirement […]
Getting Ready for the Upcoming Tax Season
News, Wealth ManagementThis information is not intended to be a substitute for specific individualized tax advice. We recommend discussing your specific tax situations with a qualified tax advisor. Tax season is approaching and being prepared is the best way to make this tax season your easiest yet. In this document you will find important information and tools […]
Outlook 2024: A Turning Point
NewsEmbarking on the jouney thorugh 2024. LPL Research’s recently unveiled Outlook, aptly titled “A Turning Point,” illuminates the path ahead for investors, providing strategic insights to navigate the evolving market dynamics.
Checking Under the Hood
401(k), Employer Resources, NewsDoes your retirement plan make curious noises when it travels over a few market bumps? Are you getting enough mileage out of your savings rate? Is your diversification strategy as energy-efficient as it should be? Performing annual maintenance on your 401(k) can help make the road to retirement as smooth as possible. Here’s a six-step checkup that can be performed in just a couple of hours over a weekend.
Exciting Announcement: Introducing Our New Chief Investment Officer and Operations Team
401(k), Employer Resources, NewsBrahm Rossiter will be overseeing all investment strategies and decision-making processes, ensuring the utmost level of expertise and attention to detail in managing your accounts.
Addressing Common Employee Questions and Concerns about 401(k) Plans
401(k), Employer Resources, NewsAs an employer offering a 401(k) plan, it is important to provide your employees with the necessary information and support to help them make informed decisions about their retirement savings. In this blog, we will address common questions and concerns that employees often have regarding 401(k) plans. By proactively addressing these issues, you can promote […]
The Inflation Reduction Act’s Impact on 401(k) Plans
401(k), Employer Resources, NewsIn 2023, there are new fee benchmarking requirements that employers need to be aware of to ensure compliance and avoid potential penalties.
Retirement Planning: Q&A For Employers
401(k), Employer Resources, NewsAh, retirement. It’s that magical time in life where you can finally kick up your feet and relax after years of hard work. But let’s face it, retirement planning can be a bit overwhelming, especially for employers who want to ensure their employees are taken care of. Retirement planning, in a nutshell, is the art […]
How Not to Get Sued 101: Fiduciary Responsibility For Business Owners
Employer Resources, NewsAs a business owner, you’re the captain of your ship, and fiduciary responsibility is like the lighthouse that guides you through the treacherous waters of legal liabilities.
Managing Tribal Trusts: A Comprehensive Guide
NewsTribal trusts are a vital component of many Native American communities, providing important benefits to tribal members, such as healthcare, education, and housing. These trusts are often managed by employers who have a fiduciary responsibility to act in the best interests of plan participants. However, managing tribal trusts can be complex, with unique legal and regulatory requirements that must be met. In this blog post, we will provide a comprehensive guide for employers and plan participants on how to effectively manage tribal trusts.
Sit, Stay, Retire, Rollover: Let’s Talk Retirement Plan Rollover Options
NewsA retirement plan rollover is a process of transferring funds from a qualified retirement plan, such as a 401k, to another retirement plan or an individual retirement account (IRA).
Tribal Council Retirement Plans: What You Need to Know
NewsIn this blog, we will discuss the importance of tribal council retirement plans, the impact of the Pension Protection Act of 2006 on these plans, and how tribal governments navigate federal regulations to provide their employees with comprehensive retirement benefits.
Administering a 401(k) Plan: Who Does What?
401(k), Employer Resources, NewsThe key players in administering a 401(k) or similar employer-sponsored plan include:
The plan sponsor, who appoints an officer or employee of the company as the named fiduciary (plan administrator).
The plan administrator, who may outsource certain tasks to service providers, but still retains ultimate responsibility for any outsourced activities.
The plan participants, who play a key role in the administration of the plan.
Service providers and regulators, who have specific responsibilities related to the plan.
Retirement Plan Options for Agricultural Businesses
News, Retirement Plan DesignAgricultural business owners have distinct financial characteristics compared to the general population, such as higher personal savings and less dependence on social security during retirement. They also have income from both farming and non-farming sources. Therefore, it’s crucial for them to have a well-defined and comprehensive retirement plan. In this article, we will explore different […]
Secure 2.0: What The New Legislation Could Mean For You
401(k), NewsThe Setting Every Community Up for Retirement Enhancement (SECURE) Act 2.0 offers solutions for a range of issues, including Required Minimum Distributions and student loan debt.
Retiring with a Spending Plan: How to Prepare Financially for Retirement
401(k), NewsRetirement is a major milestone in life and a time when you’ll have the freedom to enjoy your hard-earned leisure time. However, it’s also a time when you’ll be relying on your savings and investment income to support your lifestyle.
Everything You Need to Know About Retirement Plan Distributions
News, Retirement Plan DesignRetirement brings you the opportunity to spend time on what matters most in life and finally relax as your career comes to an end. If you’ve taken the right steps throughout your career, then you may be in a position to receive Retirement Plan Distributions. These distributions can be crucial to living comfortably after you’ve stopped working.
Five Things to Do Five Years Before You Retire
401(k), NewsRetiring can be an uncertain time, but with the right planning and preparation, it can also be an exciting and enjoyable new chapter in your life. Here are five things you should consider doing five years before you retire: Let’s talk about each of these in detail. Look At Your Income Determine how much income […]
Qualified Retirement Plan vs CalSavers Program: What’s Better for Business Owners?
401(k), NewsThe CalSavers program is a big step in ensuring all California employees have the right to a retirement plan, but if you’re a business owner you may want to think twice before enrolling. It can be advantageous to both you and your employees to set up a qualified retirement program. If you’re a business with […]
Should I have Both a 401K AND IRA?
401(k), NewsRetirement planning can be a daunting task. There are so many different investment options available, it can be hard to know where to start. One of the most common questions people ask is whether they should have both a 401k and IRA.
The answer to this question depends on a variety of factors, including your income, your age, and how much you want to save for retirement. In this blog post, we will discuss the pros and cons of having both a 401k and IRA, so that you can make an informed decision about which option is best for you!
Financial Wealth for Mental Health –
News, Tribal Retirement PlansFinancial wealth for mental health—it’s a mouthful to say and it’s something that is so important, yet often overlooked. Financial stability is one of the key ingredients in having a good mental health outlook on life. Why? Because when you’re worrying about money, you’re not worrying about anything else.
Financial education is vital for tribal communities who have been historically marginalized and left out of mainstream financial conversations. When tribal communities have access to financial education, they see improvement in their mental health, overall wellness, and economic status.
In this blog, we’ll explore how financial literacy is the key to unlocking financial stability and mental health for tribal communities.
CalSavers Alternatives
401(k), NewsRetirement contributions are made and at some point if they are abandoned, what happens to them? You don’t want the government managing your money! 401k providers have stepped in and said that they’re going to offer low cost, basic options that are beneficial to employers and are much more customizable than CalSavers for users.
How to Attract and Retain Employees with a 401(k) Plan
401(k), Employer Resources, NewsAccording to a recent survey, four in five employees indicate they want benefits and perks more than a pay raise, and a 401(k) ranks in the top five requested benefits.
Why Should You Save for Retirement Early?
401(k), News, Retirement Plan DesignIt’s never too early to start saving for retirement! In this week’s blog post, we discuss the importance of starting early, why compounding interest can work in your favor, and outline some basic financial literacy concepts that will help you get started on the right foot.
What is Meant by ‘Financial Wellness’?
NewsThe SECURE Act – Business Owners Guide
NewsThe SECURE Act, signed into law at the end of 2019, takes steps to address the retirement crisis and provides a host of benefits to business owners looking to sponsor retirement plans for their employees. These benefits include tax incentives, widened access for employers as well as greater inclusion for part-time employees. Let’s take a […]
Understanding Retirement Savings Plans
401(k), NewsRetirement Savings plans are complex, 401k, IRA, SIMPLE, it can be hard to know what’s important to pay attention to. This article lays out the terms in simple and easy to understand definitions.
Simple Guide to CalSavers for Business Owners
401(k), News, Retirement Plan DesignBusiness owners are trying to decide if CalSavers is good enough for their employees. The fact is, it’s not as good as a custom plan designed for you. A well-designed retirement savings plan can attract and retain key employees as well as being a great way to do right by your people. Additionally, setting up a custom 401k retirement savings plan can have some tax benefits for Business Owners.
How Much Do I Need to Save For Retirement?
Investing Inheritance, News, Retirement Plan DesignAre you wondering: How Much Do I Need to Save For Retirement? You are not alone. There is no one right number for everyone. Saving earlier can take advantage of compounding interest but all is not lost if you’re getting a late start!
WELLNESS
Newswellness – planning, budgeting, saving for retirement, college funding and estate planning — and how they collectively define financial health.
YOUR RETIREMENT PLAN, MADE EVEN BETTER
NewsOffering a company sponsored retirement plan is an important step in letting employees know you value them and care about their future. You can help take them to the next step on their road to retirement.
Midyear Outlook 2022
NewsMarkets rarely give us clear skies, and there are always threats to watch for on the horizon, but the right preparation, context, and support can help us navigate anything that may lie ahead. So far, this year hasn’t seen a full-blown crisis like 2008–2009 or 2020, but the ride has been very bumpy. We may not be flying into a storm, but there’s been plenty of turbulence the first part of 2022. How businesses, households, and central banks steer through the rough air will set the tone for markets over the second half of 2022.
CalSavers vs 401(k)
News, Retirement Plan DesignFor some companies CalSavers can make sense as a retirement saving option for both the business owner and their employees. However, as time passes and the company grows, this option may no longer be the right fit.
Budgeting for a wedding
NewsBeing able to pay for all your desired wedding amenities requires careful planning, which means careful budgeting. And when it comes to making a budget for a wedding, there are a few important rules to keep in mind.
529 Plans: The Big Questions Answered
NewsCollege Savings is important, we discuss several burning issues about these popular college savings vehicles. Assets in 529 college savings plans more than doubled in ten years, topping $370 billion at the end of 2019 according to the Federal Reserve. Interest in 529 plans has grown as students and parents fret over rising tuition costs and increasing student debt loads. These accounts offer many advantages for saving for higher education expenses, but it’s also important to know the rules about how they work.
Retirement Benefits That Benefit Employers, Too
401(k), NewsWhen it comes to job searches and accepting offers, good employee candidates have options.
It’s why employers must offer employee benefits that stand out in today’s market—and why a
4% 401(k) match may not cut it anymore.
Five Design Features Agricultural Companies Worth Considering in a 401(k) Plan
News, Retirement Plan DesignAs a business owner in the agricultural sector, you may be considering starting a retirement plan for your employees, or you may already have a plan in place that needs some updating. From technology to employee education, there are particular challenges agricultural companies face when designing and communicating a 401(k) plan. We’ll share our top five features to consider when creating or updating your retirement plan.
How to Overcome Common HR Challenges in Your Tribal Organization’s Retirement Plan Pt. 2
News, Tribal Retirement PlansIn the first part of this blog, we explained some of the standard HR and benefits challenges your tribal organization can avoid in your retirement plan efforts, including working with a financial advisor and tightening up your retirement loan policy. In part two, we explain how critical education is to the overall success of your plan and participants.
How to Overcome Common HR Challenges in Your Tribal Organization’s Retirement Plan Pt. 1
News, Tribal Retirement PlansAs a human resources representative or benefits coordinator for a tribal organization, the implementation and management of your retirement plan generally fall within your responsibility. However, if your retirement plan and employee participation rates aren’t performing the way you would have hoped—or if you’re swamped with more work than expected—there may be areas within your plan that require some attention.
RWM Welcomes New Executive Assistant Desiree Jacobs
News, Team AnnouncementWe are pleased to announce Desiree Jacobs as RWM Financial Group’s new executive assistant. Desiree has more than 21 years of professional experience in marketing and administrative support. Her background has broadened her exposure to various roles and responsibilities, giving her a diversified approach to problem-solving and marketing techniques.
Some of the Top Mistakes Employers Make When Building a Retirement Plan
News, Retirement Plan DesignAs an employer, offering a retirement plan is one way to help your employees realize their post-career goals after their years of hard work. When you’re designing your retirement plan, there are key areas to be aware of based on your entity type, such as governmental agencies and non-governmental businesses in both non-tribal and tribal organizations. If you’re unaware of these various factors and differences, you could face administrative and legal challenges.
RWM Financial Group Introduces a New Website Experience
NewsWe’re happy to announce the rollout of our newly designed website, which provides you with a more efficient and convenient online experience. We’re committed to the modern, unique, and professional approach we extend to every client who walks through our doors—and we thought it was time our website reflected that same perspective. We worked hard […]
What to Consider if Your Inheritance Includes a Retirement Account
Investing Inheritance, NewsDid you recently receive an inheritance that included a retirement account, such as a 401(k) or IRA? You may wonder when you should and are required to take distributions and what investment strategy will be most effective for your financial situation. The main characteristic of a retirement program inheritance is that most beneficiaries must deplete […]
Brahm Named to LPL’s Executive Chairman’s Club
NewsWe are excited to announce that Brahm Rossiter was recently named to LPL Financial Holdings’s Executive Chairman’s Club. This honor speaks to Brahm’s commitment to our clients and their unique financial needs. It is also a reflection of our clients’ loyalty in their relationship with us as a firm and their willingness to share their […]
How to Design a Retirement Program for Your Large or Small Business
NewsImplementing a retirement program for your company is a significant step in attracting and retaining top talent, affording your employees long-term financial benefits, and scaling your business overall. Still, the features and benefits of retirement plans vary by business based on several factors. Which ones should your company consider? We’ll explain what small and large businesses should think about when designing a successful program.