THE SECURE ACT 2.0: What Plan Sponsors Need to Know

The SECURE 2.0 Act of 2022 seeks to increase retirement savings and expand coverage to employer sponsored retirement plans. New provisions such as mandatory automatic enrollment, higher catch-up contributions for older workers, and part-time worker 401(k) eligibility are intended to support higher plan participation, address longevity risks, and improve retirement readiness among Americans.

Economic Outlook 2021: We Are Off to See the Wizard.

I’ve been reading a lot of Economic Outlooks lately, experts looking into their “crystal balls” and forecasting the economy for 2021.  Some look great, some not so much… but certainly no shortage of predictions.

As a financial services professional, people ask me a lot what I think is going to happen next year.  So I submit to you my Economic Outlook for 2021:

Waze of the World

I think about Waze a lot when working with families and business owners.  We help them map out the ways (no pun intended) to financial security.  Over the years, we reinforce that they are on the right track, even when they know where they are going and how to get there.  Along the way, we identify potential delays, and we plan for and navigate around them.