Category Archives: In the News

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Update: Secure Act 2.0

On December 29th, 2022, President Biden signed into law the Setting Every Community Up for Retirement Enhancement (SECURE) 2.0 Act. The goal of Secure 2.0 is to build upon the 2019 Secure Act and expand retirement plan access to more workers. Highlighted below are the main provisions of Secure 2.0, many of which go into…

Quantitative Tightening – How the Fed is Taking Away the Punch Bowl

As inflation has become a daily headline, pundits debate the Federal Reserve’s response. Whether or not the Fed moves to reduce interest rates and end the era of “easy money” is no longer the question. The question now is simply, how fast will the Fed take away the punch bowl? Normally, the Fed’s main weapon…

Social Security Soars in 2022

Social Security Gets Massive 5.9% Raise in 2022 The largest cost-of-living-adjustment since 1982 impacts 90% of seniors On October 13th, the Social Security Administration announced that Social Security and Supplemental Security Income benefits for tens of millions of Americans will increase in 2022. The press release stated the following: “Social Security and Supplemental Security Income…

Coronavirus Aid, Relief, and Economic Security (CARES) Act

On March 27th, the President signed into law the Coronavirus Aid, Relief, and Economic Security (CARES) Act. This $2.2 trillion-dollar, 880 page piece of legislation contains an enormous amount of information that touches on many different aspects of our personal and professional lives. We thought it would be helpful to highlight portions which may affect…