Beginning in 2026, most Vermont employers will be required to provide their employees with access to a retirement savings plan through the new Vermont Saves program. This initiative automatically enrolls eligible workers into a state-facilitated Roth IRA, funded through payroll deductions. While Vermont Saves is designed to expand access to retirement savings, it’s not always […]
October has a curious reputation rooted in market history. The Crash of 1929 (a 13% selloff on Black Monday and 12% on Black Tuesday, according to Federal Reserve History), the Crash of 1987 (a 22% selloff in October per MarketWatch data), and the financial crisis of 2008 (a 17% decline in October) have all contributed to
October delivers further stock market gains Read More »
As the U.S. population continues to age, the demand for long-term healthcare is expected to rise steadily. Yet, it’s a topic many prefer to avoid, and in some cases, neglect to plan for, despite its growing importance. While statistics vary, anywhere between 60% and 70% of us will one day need assistance with long-term care,
Paying for Long-Term Healthcare: Challenges, Options, and Planning Strategies Read More »
Americans love to invest in stocks. A survey by Bankrate found that the stock market is the favorite investment for money not needed for a decade. Gen Z is driving much of the surge in stock investing. The stock market is the most popular long-term investment option among U.S. adults, according to a survey by the
The Stock Market is America’s Favorite Investment Read More »
Starting in 2026, most Vermont employers will be required to give employees access to a retirement plan through the new Vermont Saves program. This state-run initiative automatically enrolls eligible employees in a Roth IRA, deducted directly from payroll. While the program ensures workers can start saving, many business owners may prefer to offer a private
Last month, the Federal Reserve cut its benchmark rate—the fed funds rate—by a quarter-percentage point to 4.00–4.25%. It is the first rate cut since last December. Fed officials left the door open to one or two more rate cuts before the year is over. The reduction in the fed funds rates surprised no one. Central
The Fed delivers a rate cut: What it means for you Read More »
October is Cyber Security Awareness Month, and we can’t overemphasize the importance of consistently taking action to reduce risks when online or using your phone. Released in April, the FBI’s 2024 Internet Crime Report, compiled by the Internet Crime Complaint Center, logged 859,532 complaints of suspected Internet crime, with reported losses exceeding $16 billion—a 33% increase
Online Scams That May Wreck Your Finances Read More »
The SECURE 2.0 Act, signed into law at the end of 2022, brought dozens of changes to retirement planning. One of the most exciting—and least talked about—provisions is that employers can now offer Roth SEP and Roth SIMPLE IRAs. For small business owners, freelancers, and employees in these plans, that’s a game-changer. What Changed? Before
SECURE 2.0 Opens the Door to Roth SEP and SIMPLE IRAs Read More »
Unlocking Retirement Potential with Defined Benefit Plans Are you a highly paid professional or business owner looking for ways to maximize your retirement savings while reducing taxes? Do you want to set aside more than what traditional retirement accounts allow? If so, a Defined Benefit (DB) Plan might be exactly what you need. What is
How Business Owners Can Save Far Beyond a 401(k) Read More »