Holmes Insurance Services, Inc. | Insuring Youngsville & North Carolina

Traditional IRA Vs. Roth IRA

Posted: October 28, 2020

“IRA” is an abbreviation for “Individual Retirement Account.” A traditional IRA and a Roth IRA are two different retirement options, each with its own pros and cons. Depending on your circumstances, either may be a good choice for growing your retirement dollars. What Is a Traditional IRA? A traditional IRA is a retirement account for pre-tax contributions. The funds in the account can be used...

Can I Have More Than One 401(k)?

Posted: October 13, 2020

It is possible to enroll in more than one 401(k) at a time. In fact, it is not uncommon to accumulate several over a lifetime. This can occur in various situations. Scenarios that Can Lead to More than One 401(k) You may have a 401(k) account from a previous employer and enroll in a second 401(k) plan when you start a new position. This process...

Introducing The YourTurn Program

Posted: October 8, 2020

Our roads are full of distractions that lead to unsafe driving behaviors, especially for young drivers. Every year, distracted driving causes thousands of deaths in the U.S. That’s where our driving safety app, YourTurn®, comes in.1 By measuring certain criteria such as speeding, hard braking, and phone usage, the YourTurn program helps to make drivers of all ages more aware of their driving behaviors and...