SECURE Act 2.0 Passes House, Signaling Massive Retirement Savings and Investment Policy Shift On March 29, the House of Representatives voted 414-5 in favor of the Securing a Strong Retirement Act of 2022. If passed by the Senate, and then signed into law by President Joe Biden, the act could represent a massive economic policy […]
The federal government in recent years has not offered a lot of buyouts—also known as voluntary separation incentive payments—but they still occur. The purpose is to avoid involuntary separations resulting from RIFs, reorganizations, and transfers-of-function. If you are offered a VSIP, you can accept it even if you aren’t eligible to retire, although as a […]
With that background, how are stock returns faring in the second month of the year? So far, the results are not favorable with one major stock major index at least temporarily falling into “correction” territory (a drop of more than 10% from a recent high). Click HERE to read more.
No one likes to think about the day that their aging parents or elderly loved ones will require acute or long-term care (LTC). And yet, 69% of aging adults will need some form of ongoing care in the later years of their lives. Planning for that time means understanding the types of care available, as […]
What happens to money in a Health Care Flexible Spending Account (HCFSA), Limited Expense Health Care Flexible Spending Account (LEX HCFSA) and the dependent care flexible spending account (DCFSA) dollars after the benefit period? If I contribute $2,500 for the year and only use $1,500, what happens to the remaining $1000? Is FSAFEDS paperless reimbursement […]