When it comes to saving for retirement, high income families have unique needs. After maximizing retirement accounts, most then turn to taxable investment accounts. Is there anything else high-income families can do as a savings alternative? Health Savings Accounts (HSAs) are a special tax-efficient vehicle that can improve retirement outcomes.
The Paycheck Protection Act, now know as the PPP, was enacted as part of the CARES Act on March 27th. Now, the Paycheck Protection Program Flexibility Act (PPPFA) has been signed into law updating many of the provisions to make it easier for businesses to use these funds as they reopen.
If a picture is worth a thousand words, when it comes to analyzing economic data, a good chart (or ten) is certainly worth far more than that. Enjoy our fascinating chart compilation highlighting current conditions.
Welcome to March 61st! At least it feels that way. As we start May, there may be signs that, although undergoing monumental strains, our economy may bend but not break.
The Costa Deliziosa set sail from Venice in early January, a week before the coronavirus pandemic consumed the world. After 15 weeks at sea, passengers from the luxury cruise liner will disembark into a very different world than which they left.
A provision in the recently passed CARES Act allows those affected by COVID-19 to withdraw up to $100,000 penalty-free from their 401(k) or IRA. We address the considerations for anyone that may need access to their retirement plan assets.