Blog

After tens of millions of jobs were shed during the first couple of months of the coronavirus pandemic, hiring has picked up considerably the past two months. A total of 7.5 million new jobs were added to the U.S. economy in May and June. However, new applications for unemployment benefits remain near a historically high […]

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was signed into law on March 27. One specific item in this Act was the suspension of all Required Minimum Distributions (RMDs) for 2020. As this Act was originally written, those who had distributed retirement plan or IRA assets between February 1st and May 15th […]

It’s doubtful that many couples enter into marriage with the idea of getting divorced. But nearly half of all marriages in the U.S. eventually end in divorce, according to the most recent census data. The first thing many individuals do when they see that they’re headed for a divorce is hire a divorce attorney. But […]

With the social distancing and shelter-in-place orders issued to combat the coronavirus pandemic taking a toll on their revenue and profits, many companies today are scaling back their matches to employees’ 401(k) plans.  This is similar to what happened during the financial crisis and Great Recession a decade ago when more than 200 U.S. companies […]

When the coronavirus lockdowns started back in March, many employees who were able to perform their job duties from home were instructed to do so. For some, this has opened their eyes to what retirement or semi-retirement might look like — and many of them like what they see. For example, not having to commute […]