Recession? Things to Consider
Over the past few months, it has been hard to turn on a TV or have a conversation without the word “recession” being brought up. In the midst of these conversations, you’d often hear phrases such as “soft landing,” “mild recession,” or “hard landing” being thrown around. While some working professionals have weathered an economic […]
Disability Insurance: Worth the investment?
In the first half of your working career, your future earning potential and ability to save for retirement can be one of your family’s greatest resources. But if you become too sick or injured and unable to work, your financial life plan can veer off course. Nearly one in three people will be disabled for […]
What could the SECURE 2.0 Act mean to you?
Amid the 1,650-page, $1.7 trillion omnibus spending legislation passed by Congress and signed by President Biden in late 2022 were many changes that will impact individuals and companies in 2023 and beyond. Dubbed the SECURE 2.0 Act of 2022 after the similarly sweeping Setting Every Community Up for Retirement Enhancement Act (SECURE Act) passed in […]
Maximizing 2022 Contributions
Most of us are now fully immersed in 2023 and are focused on the year ahead. However, as tax season approaches, it is a good time to look back at 2022 to ensure that you maximized your 2022 contributions and tax benefits from savings vehicles. Traditional IRAs: You have until the tax filing deadline (April […]
Do More of What You Love in 2023
Another year has come and gone. As we begin the New Year, many of us have items lingering on our to-do lists. Between work, family life, and the myriad of other commitments, people are busier than they have ever been, and time remains their most precious resource. As we turn the page into 2023, we […]
2023 Numbers to Know
As we close out 2022, elevated levels of inflation are being felt everywhere, including your IRA and retirement plan contribution limits, Medicare premiums, and Social Security cost of living adjustments. As we look towards 2023, now is a great time to review the upcoming changes across several areas that affect financial planning. We have compiled […]
Year End Planning Opportunities
The holiday season also marks the home stretch for year-end planning. Revisiting some key areas of your financial and benefit plans before December 31 can help you get the most out of 2022 while setting you up for the new year. Investment Portfolio Review The end of the year is a great time to review […]
Executive Corner
I hope you and your families are doing well and looking forward to the holiday season. As we begin to prepare for all the holiday festivities ahead, one thing comes to mind – the importance of our communities. This has no doubt been a challenging year. I think many of us feel overwhelmed with uncertainty […]
Employer Benefits and Open Enrollment Best Practices
Many employees are currently in the midst of open enrollment season. It can be tempting to approach open enrollment with a “copy and paste” mentality, but we believe this is a great opportunity to confirm and enhance your benefit elections for the coming year. If you experienced life changes or transitions in 2022 (e.g., getting […]
What today’s retirees want their younger selves to know
If you could go back in time and give your younger self some advice about your finances, what would you say? That’s what a survey of more than 1,100 U.S. retirees by the Employee Benefits Research Institute aimed to find out. The main takeaways aren’t overwhelmingly surprising, but they are important to discuss: 70% of […]
