Latest News
Most important regulatory issues facing small businesses in 2018
Martin Mucci, Paychex president and CEO, says “With so many regulatory changes and legislative reforms either proposed or slated to take effect in the coming months, it can be challenging for busy small business owners to keep up with where…
Financial fitness
Majority of people rely on their employer’s benefits package to get them into financial shape. Compensation and bonus package are often the only vehicles that younger employees look at in regards to their financial picture; however, it shouldn’t be. The…
Retirement is really a lifestyle change
Sometimes for financial reasons or fear of the unknown that causes people to hold on to a job too long. Financial psychologist Brad Klontz suggests “Unless you have a really exciting plan to transition to, there are a lot of…
The Rule of 72
As part of your quest to achieve financial freedom in your retirement, you may run across the term “doubling” your money but do you really know what that means? One way to really understand this is to look at the…
Public pension funds are underfunded
Most members of public pension funds are unaware that their pensions are not just underfunded, but falling short of performance targets according to a new study from Spectrem Group. Read article here… Notice: The link provided in the text above connects readers…
Fee-for-service Medicare might provide better skilled-nursing choices for its beneficiaries
In a new study published in the journal Health Affairs suggests that fee-for-service (FFS) Medicare might provide better skilled-nursing choices for its beneficiaries. The research team found that even if the person was in a five-star Medicare Advantage plan they…
Mobile apps that allow employees to access their earnings every day
Mobile apps which allow workers to access half the pay they earn in a day as a way to cover unexpected expenses and avoid pricey payday loans are useful to companies in attracting and keeping employees in high-turnover jobs according…
Retirement savings are dangerously low
United States retirement savings deficit is between $6.8 and $14 trillion according to data from the U.S. Federal Reserve. In a recent study by the National Institute on Retirement Security, shows the median retirement account balance is $3,000 for all…
Claiming your Social Security benefit early
Do you know what claiming your Social Security benefits early will mean? Do you know if you file early – meaning prior to your full retirement age (FRA) – you’ll lose a portion of your benefits for each year you…
Annual earnings limit for new retirees
In the attached article, Mary Beth Franklin, CFP®, Contributing Editor at InvestmentNews, explains the rules for new retirees on how to claim benefits even if earnings exceed annual limit. Read her article here… Notice: The link provided in the text above connects…