Featured Posts
The Future of Business is Changing
Read more from our writers on how we think our future business world and what you can do to prepare for the change.
The Cost of Welcoming a Baby in 2023: Finding a Doula and Embracing Holistic Support
Bringing a new child in the world is scary. When you feel all alone and overwhelmed, consider hiring a Doula to be there for you emotionally, and to be your advocate throughout your pregnancy. Let’s take a look into what all is necessary to consider when birthing a child in 2023.
Alternatives to a 401k
One of the most important things to think about when it comes to retirement is whether or not retirement is a financially viable option for you. This means that over the course of your working life, you should be investing in some kind of retirement plan. Traditionally, this would be a 401(k), but the options are endless! Here are just a few:
Why You Should Consult with a Financial Planner for Retirement Planning
Strategies to Protect and Grow your Wealth
The definition of wealth is an abundance of valuable possessions or money. While being rich means that you have a lot of money, being wealthy means you do not have to worry about money. Being wealthy is measured by how much money you accumulate and save.
What is a Fiduciary?
While your finances may not be a life or death situation such as this, they are paramount to your livelihood and being advised by someone not looking out for you and your best interests can feel almost as scary as the parachute cord not being pulled when it should.
Funeral Expenses Broken Down
MOVING on to the afterlife is an expensive proposition for Americans today – figures from the National Funeral Directors Association show the average 2020 funeral costs more than $7,000. And that is a pretty basic, no-frills affair without many of the items people expect such as flowers, obituaries, and headstones. As well as dealing with the grief and mourning of losing a loved one – especially if the death was unexpected – the nearest and dearest have to find a way to pay for the costs of a funeral.
What is a Trust and who needs one?
Setting up a trust can be a long and involved process, but the peace of mind that comes with it will be well worth the effort.
When is it Time for an Estate Plan Review?
Life is never static, constantly changing, and as your life shifts, you might need to look back at your estate plan and make some changes to better fit your new situation. Here are some life events that should prompt an estate plan review.
Retirement Planning Under the CARES Act
RETIREMENT planning is a complicated affair at the best of times, but new measures introduced during the Covid pandemic have created even more things to think about. The CARES Act, rushed through Congress earlier this year to bring a relief package to Americans, covered many different aspects of our lives.
Why Do You Need a Lawyer for Your Estate Planning
If you think like Ron Swanson that you don’t need help writing your will and that whatever you put down on paper will suffice to have your possessions and savings transferred to your beneficiaries, you might want to think again. Writing a will is not something that just anyone can do – although anyone really could do it, it certainly won’t hold up in probate court.
Pilfering Your Pension During the Pandemic
TIMES are unusual for certain, and many of us are concerned about our monthly cash flow – incomes may have dried up, but outgoings have not. But if we do not want to run up credit card debt to pay for our utilities, where else may we get our hands on some accessible cash? Many of us have savings in our retirement accounts – 401k or IRA accounts – and there are ways to access this money.
End-of-Life Peace of Mind: Planning Ahead for Funeral and Burial Expenses
Many of us would consider ourselves “planners.” We make financial plans for everything in our lives—our weddings, vacations, retirement, the births of our children. But, somehow it’s harder to sit down and plan out the details of our funeral—deciding how we’d like to be buried, discovering the cost of our preferred burial method, and then creating a plan for covering that expense.
How COVID-19 Has Affected Retirement Planning
The Coronavirus pandemic has adjusted the trajectory of nearly every facet of our individual and collective lives, and planning for retirement is certainly no exception. Mass layoffs and a near-total lockdown on business activity in the United States have market shareholders on edge, and you're probably already anticipating that the pandemic will affect your retirement planning, too.
The What, Who, and How Much of ERISA Bonds
Designing a retirement plan for your company that maximizes the benefits to both you and your employees is a complex and multi-layered task. You have options ranging from a Defined Benefits Pension Plan to an employee-directed 401(k). But, whichever retirement package or packages you decide to offer, the most important thing is that you protect both your business and your employees from losses due to theft or fraud, because it won’t matter which retirement products you can offer to your employees if their money is not protected.
Post-Pandemic: Maintaining and Growing 401(k)s in the New Economy
The number of companies offering pensions has decreased dramatically in recent years, and the prevalence of employers opting for a 401(k) in their place is projected to continue to flourish in a world on the other side of the Coronavirus. If you have a 401(k) retirement savings plan, the effort to predict how a post-pandemic economy will affect your nest egg has probably been top of mind.
UpDATA : Business & Finance Trends
Who We Are
Read more about who we are and what we’re about below.
Write for Us.
Do you have a topic you’d like to see posted on our blog? Write for us! Send us a message with your topic suggestion and we’ll be in touch with next steps.