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.

Planning for a Market Downtown

Recent market volatility reminds us of the ever-present risks inherent in stock investing. When bear markets occur, many investors instinctively seek shelter on the sidelines. But, as history demonstrates, leaving the market—even temporarily—can be costly over the long-term. So, what can investors do now to manage current market volatility?

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.  

I Want a Hamburger… No a Cheeseburger.

It frustrates me that we don’t do more in this country to prepare our children for the financial world they’ll be thrust into.  It isn’t about trying to get rich.  It’s about understanding concepts, making good decisions (and understanding how bad ones can affect you), valuing a dollar earned, recognizing that time is your most valuable asset and that “rainy days” happen.