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 […]
How Does the Recent Cut in Federal Reserve Interest Rate Impact You? Read More »
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
Happy Birthday, ERISA! Read More »
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
Dealing with Student Debt Read More »
