Archive

Category Archives for "News"

Talking Money Before Marriage: The Key to Marital Money Success

When couples decide to take the next step and get married, it’s important to discuss money to ensure marital money success. According to Amy Maliga, financial educator with Take Charge America, a nonprofit credit counseling and debt management agency, “Navigating money issues when you’re single is completely different than when you’re married. That’s why it’s […]

Continue reading

Understanding the Tax Implications of Severance Pay

The tech industry has seen a mass wave of layoffs, leaving many workers wondering what their rights and responsibilities are.[0] One of the main questions is: is severance pay taxable? According to the IRS, severance pay is taxable income and must be reported on your tax return in the year it was received. However, there […]

Continue reading

Unlocking Retirement Security: A Look at the SECURE 2.0 Act of 2022

In December 2022, the SECURE 2.0 Act of 2022 passed, making significant updates and changes to the SECURE Act of 2019 and providing retirement access and security for Americans. This legislation affects employer-sponsored defined contribution plans, such as profit-sharing plans, 401(k) plans, 403(b) plans and stock bonus plans.[0] One of the major changes is the […]

Continue reading