The Journey to Achieving Financial Wellness
“Financial wellness” is an innocuous-sounding phrase that, when you really unpack it, carries a lot more meaning than many people realize. What does it mean to be financially well? Financial wellness doesn’t just consist of what’s in your bank account or your...
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When Estate Planning, Don’t Let Mistakes Thwart Your Wishes
Should you work with an attorney to write your will, or can you do it yourself? That depends on a number of things, including where you live. Originally published on Kiplinger.com February 21, 2023 When someone has trained and worked in a profession for many years, it...
The Morning View: February 24, 2023
From our colleagues at our sister company, Argent Trust: Announced this morning, Personal Income grew 0.6% in January, less than expected but still higher than the previous month’s increase. Personal Spending increased 1.8% in January, more than expected and a large...
White Paper-Secure 2.0 Act
(Division T of Consolidated Appropriations Act, 2023) In December of 2022, Congress passed the Consolidated Appropriations Act, 2023 which contains a large section covering retirement in the U.S. referred to as SECURE 2.0. As a reminder, SECURE 2.0 is seen as building...
Charitable Giving Strategies for Not-as-Wealthy Donors
High-net-worth charitable giving could decline for years because of high inflation, so charities look to highlight tax-savvy options for average investors. Originally published on Kiplinger.com February 9, 2023 Dave Smith, CEO and founder of Heaton Smith Group, writes...
The Morning View: February 15, 2023
From our colleagues at our sister company, Argent Trust: In this morning’s data, Retail Sales for January increased 3.0% which is higher than expected and a nice rebound from the previous month. In the month, Motor Vehicle & Parts Dealers, up 5.9%, and Furniture...
Market Update -February 2023
A Month At A Glance: Global equity markets roared 7.2% higher to start the year Foreign equities (both developed and emerging) outpaced the S&P 500 in January Amid moderating inflation and a strong jobs market, investor sentiment is starting to believe that a...
2023 Updated Secure Act 2.0 Information
The Secure Act 2.0 was signed into law on December 29, 2022. Several changes will be effective in 2023, with several more becoming effective in future years. The age to start taking Required Minimum Distributions increases to 73 in 2023 and 75 in 2033. This delays the...
The Morning View: February 10, 2023
From our colleagues at our sister company, Argent Trust: In yesterday’s data, Initial Jobless Claims were 196,000 for the week ending February 4th, slightly higher than expectations and higher than the previous week. Continuing Claims were 1,688,000 for the week...
Retirement Times February 2023 Newsletter
February 2023 This month's Retirement Times discusses the following: Offboarding Employees from Your 401(k) Plan Three Risk Considerations for Utilizing Retirement Assets Four Plan Design Features to Help You Attract and Retain Talent Participant Corner - The...