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Acroynym Circus

Acronym Circus In 1981 The Johnson Companies created the first 401 (k) plan which allowed employees to contribute to their retirement plan through payroll deduction.  So, from an employee perspective this is simple, how much do you want to contribute and where would you like to invest that among plan options.   From a company or plan sponsor perspective maybe not so simple.  Should I use a Stand-Alone Plan, a MEP’s, PEP’s, PEO’s GOP’s, ARP, or an exchange plan.  Let’s take a look at what each plan is and we have provided a chart below with some of the similarities and differences.  ...

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Job openings available, but Workers unwilling to work!

Job openings available, but Workers unwilling to work! In February of 2020 US unemployment was 3.5%, this represented 50 year low and employers could foresee a possible labor shortage on the horizon.  Then the pandemic hit in February of 2020 and unemployment rose to 15% in March as we shut down many sectors of our economy.   With so many Americans suffering, Congress stepped in and passed an array of assistance for struggling US workers.  Congress has stimulated the economy allowing us to create a vaccine, get the cases of COVID 19 down to a manageable number, and open up the economy.  Now...

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“Do not regret growing older. It is a privilege denied to many.” – Anonymous

“Do not regret growing older. It is a privilege denied to many.” – Anonymous Aging is an act that many individuals want to make gracefully. However, it is important to know that risks exist throughout all life stages. Today, let’s focus on risks in the retirement years. Statistically speaking, as we age, we lose cognitive abilities.  Now is the best time to plan with your loved ones in mind; to protect wants, wishes, and desires for when they may lose a step or two. Baby boomers are ranging from ages 57-75 in 2021. According to The Alzheimer’s Association, 11% of those age 65+...

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Q3 2021 Global Asset Allocation Views

Q3 2021 Global Asset Allocation Views Market Review Stocks hit new highs as pandemic recedes – equity markets were finally able to hit new highs in June after trending sideways during the first part of the quarter.  The latest grind higher was led by big tech after taking over leadership from cyclical sectors.  Breadth has been weak as of late as the rotation from value to growth has occurred while the 10yr yield drops back below 1.5%.  Almost all of the U.S. has fully opened up as covid restrictions have lifted.  We are beginning to see travel pick up, and the return of large gatherings at...

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Inflation! Should I Be Worried?

Inflation! Should I Be Worried? I don’t know about you, but recently every time I go into a store shopping for some item I am in need of there is a little sticker shock. It seems prices are rising on a many of the items we use on a normal basis. Gas prices have surged 56.2% in the 12 months ended in May. Food prices are rising but at a much slower rate than other segments of the market. Consumer prices rose at an annual rate of 5% in May. It seems more expensive these days for just about everything. There are many reasons prices are rising and you will hear theories from various sources...

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Securing the New Normal

Securing the New Normal Historically a company was focused on 4 walls: the walls that encompassed employees, a culture, and a secure environment that houses sensitive data as it pertains to not only your clientele, but also your employees. 2020 taught us that work life exists outside of the 4 walls of an office. When March of 2020 brought about the first wave of COVID-19 most businesses went to a remote work environment. As the world reopens, we are seeing many companies keeping some semblance of remote work. As a business, how are you to adjust to this as it pertains to cyber security? As...

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