Special Edition on COVID-19 and Important Updates for Employers Congress passed the CARES Act to provide emergency assistance and health response for individuals, families and businesses. The CARES Act is providing 2 Trillion dollars in assistance. I am going to cover two ways you can get money for your business as fast as possible through […]
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First of all, what does ESG stand for? ESG stands for Environmental, Social, and Governance or (ESG). Please explain? ESG are three central factors in measuring the sustainability and ethical impact of a company. ESG factors, though non-financial, have a material impact on the long-term risk and return of investments. ESG is incorporated into risk mitigation, compliance […]
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What Are Crypto Assets? The easiest way to answer the question of what cryptoassets are and why they are important is to think about a simple transaction, like giving someone $1 million. In a world where we all carried cash, this was simple. If I want to give you $1 million, I simply give you […]
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Trade War Truce Dow 30000 May Not Mean Much… …But Small Numbers Can Mean a Lot FSA Spending Deadlines Approaching After more than a year’s worth of trade-war lunges, parries and ripostes, “phase one” of the U.S.-China trade agreement was signed this week. While it was overshadowed in the headlines by the House sending the […]
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The Secure Act, which stands for the Setting Every Community Up for Retirement Enhancement (Security) Act, is seen as the most sweeping retirement legislation for more than a decade and effects retirees, employees and employers. The SECURE Act is set to become effective January 1, 2020. 1.Required Minimum Distributions (RMDs) Will Start at Age 72, […]
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Procedures for Monitoring Were Absent! Sponsors of the 401(k) funds don’t disclose their use of underlying in-house investments. The Securities and Exchange Commission, the agency’s Office of Compliance Inspections and Examinations risk alert said some TDFs provided “incomplete and potentially misleading disclosures” around conflicts of interest, such as those that could arise from “the use of affiliated […]
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The markets sold off in February on concerns of runaway inflation. The fear now is that inflation will start to rise more quickly, potentially dampening growth or driving borrowing costs higher. That prospect panicked the markets in February, briefly sending stocks down more than 10% before investors recovered their nerve. The indicator that made the […]
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