For the first time since 2020, the Federal Reserve recently cut interest rates and signaled that more are to come.  But is it a good thing or a bad thing for your finances?   Well, it depends. The stock markets typically rise when interest rates are lowered – seeing that as a positive for business […]

Chances are, you’ve never heard about ERISA – an acronym that stands for the Employee Retirement Income Security Act – but it’s a federal law that has had a major impact on American’s retirement savings.  And on Labor Day 2024 that law will be 50 years old! Prior to its passage in 1974, there weren’t

Student debt is a significant obstacle to retirement savings; in fact, 93% of employees with student loans say that their student debt has affected their ability to save for retirement, according to a new report. Not surprisingly, the resumption of student loan payments in October 2023, after a three-year pandemic pause, has likely exacerbated the