Oct 3, 2024 | In The News, Individuals, Retirement Plans
IRS Issues Guidance on Withdrawals for Domestic Abuse Victims In late June, the IRS issued a notice providing critical guidance on early withdrawal penalty exemptions under the SECURE 2.0 Act. The law includes significant provisions for individuals experiencing...
Dec 15, 2023 | Family Finances, In The News, Individuals
The 2024-2025 school year FAFSA (Free Application for Federal Student Aid) forms being released in December of this year will contain numerous substantive changes. Understanding these changes and how they will impact current and future students’ financial aid is...
Sep 1, 2023 | In The News, Individuals, Plan Administration, Retirement Plan News, Retirement Plans
The Internal Revenue Service (IRS) released guidance last Friday addressing Section 603 of the SECURE 2.0 Act which deals with Roth catch-up contributions. Section 603 mandates that catch-up contributions must be Roth for those earning more than $145,000. The IRS’...
Jul 31, 2023 | In The News, Individuals, Retirement Plan News, Retirement Plans
Public Response to Economic Threat Fuels SEC Proposal The outbreak of COVID-19 in 2020 instilled a sense of financial fear in market participants. How are humans inherently hardwired to respond to threat? Panic. The threat of economic crisis in 2020 fueled the act of...
Mar 31, 2023 | In The News, Individuals
About the U.S. Banking System With recent headlines about two failed U.S. banks and their ripple effect throughout the banking sector, we want to summarize the information on this evolving event. We assure you we are monitoring the situation closely. However,...
Mar 17, 2023 | Family Finances, In The News, Individuals
Are you sitting on a sizeable amount of cash in a checking or traditional savings account? This is the perfect time to get that money to work harder for you, without the risks inherent in investing in the stock market or mutual funds. Over the past several months you...
