3 Ways to Navigate Inflation
Inflation has risen to levels unseen since the 70s and 80s. It’s unlikely to decrease any time soon. (more…)
Inflation has risen to levels unseen since the 70s and 80s. It’s unlikely to decrease any time soon. (more…)
Last month, the Federal Reserve announced a massive half-point cut to interest rates, marking the first cut since March 2020. The news has sent ripples of excitement through the business community since the shift in the economic environment creates a range of opportunities. But how exactly can business owners leverage the rate cut to their benefit?
(more…)The passing of the original SECURE Act in December 2019 was designed to improve retirement savings opportunities for workers. But the law was widely criticized for being too complicated and difficult to navigate. This March, the House of Representatives passed the SECURE Act 2.0. (more…)
The impact of automatic enrollment in 401(k) plans is becoming increasingly evident. On average, 401(k) plans with an automatic enrollment feature have a 20% higher participation rate than plans without. This translates to a more financially secure future for your workforce. However, the landscape is set to shift further.
(more…)In the ever-changing landscape of the global economy, businesses need to be prepared for any potential downturns, especially a recession. A recession is best defined as two successive quarters of negative GDP growth. Despite fears of a recession in 2023, the US economy continues to be healthy. But to safeguard your company’s sustainability and success, it’s crucial to be proactive about the potential slowing of sales and profits.
(more…)