What is a Market-Based Cash Balance Plan?

A Market-Based Cash Balance Plan is a version of a Cash-Balance Plan, which is a type of pension plan that straddles the line between defined benefit plans and defined contribution plans. With a defined benefit plan, each eligible employee receives a specific benefit upon retirement, while a defined contribution plan outlines the employer’s contributions to an […]


When it comes to managing your retirement savings as a United pilot, you have two main options available: investing in the Core Funds within the Pilot Retirement Account Plan (PRAP) or using a Personal Choice Retirement Account (PCRA) to implement your investments. While both options have their benefits, investments in a PCRA can provide you […]

How Inverted Yield Curves Impact Consumers, Equities, and Bonds

How Consumers Can Be Affected by Inverted Yield Curves Consumers seeking short-term loans tend to be worse off amidst an inverted yield curve. Interest rates rise and costs of borrowing go up, leading consumers to either pay higher prices or defer purchases and investments altogether. This unfriendly environment tends to sour the consumer’s mood. Though […]

What to do with a Retro-Check

If you receive a retro pay-check from your company, it’s essential to handle the money wisely. Here are some steps you can consider: Roth Conversion in 401(k):  Look at your assets within your 401(k) and see if a Roth conversion is possible and if it could be beneficial to your financial plan. A Roth conversion […]

There’s Always A “Reason to Sell”

While it is true that investors can always find reasons to sell their investments in the market, it is important to note that the decision to sell should be based on a careful assessment of various factors, including one’s investment strategy, financial goals, and market conditions. Selling solely based on every short-term fluctuation or the […]

The Power of Staying Invested

The importance of staying invested refers to the long-term benefits and potential returns that can be achieved by maintaining a consistent investment strategy over time. Here are some key points highlighting the power of staying invested: Compound Interest: Staying invested allows you to take advantage of compounding returns. Compound interest refers to earning interest on […]

Market vs Economy

The market and the economy are two interconnected but distinct concepts. Stock Market vs. the Economy: Understanding the Difference The economy refers to the overall system of production, distribution, and consumption of goods and services within a region or a country. It encompasses various factors such as economic growth, employment levels, inflation, monetary policy, fiscal […]

Tackling American Pilot Retirement: Where to Start

Why should you, as an American Pilot, do so much planning and saving for retirement? A successful retirement can come from years of careful retirement savings through the American 401(k) Plan. Knowing how to start the financial planning process can be challenging, but the importance cannot be stressed enough. No one wants to hit mandatory […]

Southwest Deferred Compensation Plans

As a Southwest Airlines pilot, you have several savings vehicles outside of the 401(k) and Profit Sharing Plan. ACT Wealth Management specializes in the nuances of the Southwest Airlines deferred compensation plans and can analyze all of your SWA savings options to determine the best strategy for your specific goals.   The Excess Benefit Plan: […]

HRA vs RHA – Are you confused?

United Airlines offers both a Health Reimbursement Account (HRA) and a Retiree Health Account (RHA) to its employees. HRA A Health Reimbursement Account (HRA) is an employer-funded account that reimburses employees for qualified medical expenses. HRAs are a tax-advantaged benefit, meaning that contributions to the account are tax-deductible for the employer and tax-free for the […]

Who is Getting Your Money?

When was the last time you reviewed your beneficiary designations on your retirement accounts? By regularly reviewing and updating your beneficiary information, you can ensure that your assets are distributed according to your current wishes and that your loved ones are taken care of in the way that you intended. In most cases, retirement accounts […]

Time In Versus Timing the Market

The concept of “time in the market versus timing the market” is a fundamental principle in investing. It suggests that the long-term potential of time in the market can outweigh the short-term gains that might be achieved by timing the market. Often, the unpredictability of market timing can lead to missed opportunities and increased costs. […]

Why Should I Hire An Investment Advisor?

Why hiring an investment financial advisor can be beneficial: Expertise: Investment advisors are professionals who have the knowledge and experience to help you make informed decisions about your investments. They can provide guidance on complex investment products, such as stocks, bonds, mutual funds, and alternative investments. Time: Managing your investments can be time-consuming and complex. Hiring […]

When Should I Take Social Security?

Through our work with American Airlines, Southwest Airlines, and United Airlines Pilots, we understand that determining when should I take your Social Security can be a complex decision. The answer to this question depends on a variety of factors, including your financial situation, health status, and personal preferences. Here are some key things to consider: […]

Southwest Retirement Checklist

As retirement approaches, Southwest Airlines pilots must take several important steps to ensure a smooth transition out of the cockpit and into retirement. Below is a Southwest Airlines Pilot retirement checklist to keep you on track. Southwest Airlines Pilot Retirement Checklist: 6 Months Out Identify your monthly income withdrawal needs from your retirement savings Update […]
  • Allen Office
  • 900 West Bethany Drive
  • Suite 150
  • Allen, TX 75013
  • Phone(214) 618-2022
  • Toll-free(888) 392-9773
  • Fax(214) 919-4896
  • Raleigh Office
  • 8601 Six Forks Road
  • Suite 400
  • Raleigh, NC 27615
  • Phone(919) 214-9066

Copyright © 2024 ACT Wealth Management, LLC. All Rights Reserved. | ADV | Privacy Policy | CSR – Customer Relationship Summary

Investment advisory services offered through ACT Wealth Management, LLC, a registered investment adviser.

This site is published for residents of the United States only. Representatives may only conduct business with residents of the states and jurisdictions in which they are properly registered. Therefore, a response to a request for information may be delayed until appropriate registration is obtained or exemption from registration is determined. Not all services referenced on this site are available in every state and through every advisor listed. For additional information, please Contact Ray Tanner, Chief Compliance Officer, at 214-618-2022 and/or