What Is The Smart Plan?

What is the best example of a smart goal?

Good example of a SMART goal: “I want to lose 20 lbs by April 15th 2009.

I will perform a half hour of cardio and half hour of strength training per day, 5 times a week and I will only eat starchy carbohydrates 3 times a week.”.

What are the main goals in life?

With this in mind, here are 10 primary goals to accomplish as you plan for life in the next 10 years.Marriage and Family Harmony. … Proper Mindset and Balance. … Commitment to Improved Physical Health. … Career Passion and Personal Satisfaction. … Develop Empathy and Gentleness. … Financial Stability. … Service and Social Responsibility.More items…

How do I withdraw money from Obra?

The money can be withdrawn or rolled over into other retirement savings accounts (401(k)s, 403(b)s, other 457 plans, IRAs, etc.) at the end of employment. Besides death and an end to an employment term, OBRA (and 457 plans generally) have more distribution triggers than most other retirement accounts.

What is mass smart plan?

The Massachusetts Deferred Compensation 457 SMART Plan is a retirement savings program available for Commonwealth of Massachusetts state and municipal employees. Eligible employees can save and invest before-tax and after-tax dollars through salary deferrals into our wide array of low fee investments options.

What is a life goal?

Life goals are a purpose or main objective – the reason you do all that day-to-day stuff. … SMART goals turn life goals into crystal clear pictures that keep you on the right track and provide purpose and meaning, and a sense of fulfillment.

Can you withdraw from smart plan?

You can withdraw less than 100% of your SMART Plan balance as a partial lump-sum payment after severance of employment and then also elect a periodic payment option for the remaining balance. This option allows you to keep your remaining balance in the investment options available under the SMART Plan.

How do I know my goal?

How to Find Your Goals in LifeStep 1 – Make a list of what’s important to you. Do it quickly and without censoring – it’s ok if your list includes your cat or your new shoes. … Step 2 – Ask “Why is this important?” for each item on your list. … Step 3 – Use your answers to identify your values. … Step 4 – Use your values to set your goals.

What is best goal in life?

Intrinsic Life Goals Finding and keeping a healthy work-life balance, with time for friends and family; Living with integrity, being honest and open with others; Inspiring others through your beliefs and actions; Being a great listener so that others can turn to you; or.

What is your goal answer?

Let’s have a look at some sample answers: I just want to have a good job, a job I enjoy doing, and be happy in my life outside of work. … My goal is to be a good colleague and employee, and to earn a decent salary that will allow me to support my family and the people I love.

What is your personal goal in life?

Personal goals are set to grow and mature as a person, develop new skills to be successful professionally, and practice compassion and gentleness to have a fulfilling family life. Goal setting is a process that not only helps us to get better results but also to feel motivated and take responsibility for our actions.

What is a smart career goal?

SMART is an acronym used for goal setting – it stands for Specific, Measurable, Achievable, Realistic, and Timely. Goals are part of every aspect of business/life and provide a sense of direction, motivation, a clear focus, and clarify importance.

What is smart goals Explain with examples?

A SMART goal is used to help guide goal setting. SMART is an acronym that stands for Specific, Measurable, Achievable, Realistic, and Timely. … SMART goals are: Specific: Well defined, clear, and unambiguous. Measurable: With specific criteria that measure your progress toward the accomplishment of the goal.

What are examples of goals?

20 Personal SMART Goals ExamplesWalk 30 Minutes a Day, 5 Days a Week. … Improve Your Listening Skills. … Speak up to Increase Visibility. … Improve Presentation / Public Speaking Skills. … Improve Your Emotional Intelligence. … Start Networking. … Volunteer Regularly. … Improve Your Time Management Skills.More items…•Feb 4, 2021

What is the Massachusetts deferred compensation smart plan?

The Massachusetts Deferred Compensation SMART Plan is a voluntary retirement savings program. … Retiring employees may defer accumulated sick pay, vacation pay and back pay into their SMART Plan account. Employees separating from service may defer accumulated vacation and/or back pay.

What are the 3 types of goals?

There are three types of goals- process, performance, and outcome goals. Process goals are specific actions or ‘processes’ of performing.

How do I find my goal in life?

Without a life purpose as the compass to guide you, your goals and action plans may not ultimately fulfill you.How to Discover Your Life Purpose.Explore the Things You Love To Do & What Comes Easy to You.Ask Yourself What Qualities You Enjoy Expressing the Most in the World.Create a Life Purpose Statement.More items…

What are the 5 smart goals?

By making sure the goals you set are aligned with the five SMART criteria (Specific, Measurable, Attainable, Relevant, and Time-Bound), you have an anchor on which to base all of your focus and decision-making.

How do I withdraw money from mass smart plan?

Contact the SMART Plan Customer Service Center at (877) 457-1900 to request paperwork. A customer service associate can answer questions you may have regarding your eligibility for a withdrawal. 1 Representatives of GWFS Equities, Inc.