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Retirement Plans for the Small Business Owner and Their Employees Thumbnail

Retirement Plans for the Small Business Owner and Their Employees

Business owners have a great deal of responsibilities to contend with on a day-to-day basis. As a business owner myself, I can understand and appreciate the sometimes overwhelming list of tasks that need to be done. Among that list, usually somewhere near the bottom, is the process of setting up a retirement plan for yourself and your employees. Although setting up a plan does involve some work on the part of business owners, it does not necessarily need to be a time-consuming or expensive proposition.

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The New Age of Financial Responsibility Thumbnail

The New Age of Financial Responsibility

I grew up in a small town outside of Flint, Michigan called Swartz Creek. Many of the people in our community worked for one of the “Big Three” automakers, including my uncle, all three of my best friends’ dads, and many of my extended family. These companies were a classic example of a typical 20th-century employer. Right out of high school you could get a good job and make a very good living. It was certainly not easy work, but if you stuck with it for 30 years you would be well taken care of with an opportunity for early retirement, a good pension, and excellent health care benefits. Today, things are very different.

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Market Update: Reopening the Economy Thumbnail

Market Update: Reopening the Economy

"Did you think three months ago that by the end of April the world as you know it would have changed drastically? That has become a reality for most people amidst the Coronavirus Pandemic and the drastic measures taken by federal, state, and local governments in an effort to protect the population. With so many people making huge sacrifices to protect their businesses and their families, at what point can we expect some normalcy?"

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Risks and Opportunities for the 2018 GM Buyouts Thumbnail

Risks and Opportunities for the 2018 GM Buyouts

Shortly after releasing a strong third-quarter earnings report for 2018, GM sent correspondence to 50,000 of its employees that the company will be offering a voluntary severance package. The package is being offered to about 18,000 salaried employees who have 12 years or more experience.

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