It’s natural to feel concerned when you see the value of your investments or even the world change rapidly. Think of everything we have been through over the past five years! However, emotional reactions to market changes can lead to poor financial decisions...
Before claiming social security there are some things you should know. When do you meet your full retirement age because that impacts how much you collect. Take a look at your longevity, your Cost of Living Adjustments (COLA) and your spousal benefits. Lastly, keep in mind that there may be taxes and penalties that come with claiming too soon. We realize that this is a complex subject and encourage you to work with a financial planner, CFP® or ChFC® who is proficient in retirement planning.
Anyone can seem like a good financial advisor when markets are doing well. The expectation investors have when investing in capital markets is to make money, so when expectations are easy to meet, the bar tends to be set pretty low. However, it’s downturns in the markets that separate great financial advisors from mediocre ones. It’s times like these when people may wonder what their financial advisor is doing during this bear market.
Will Social Security benefits be lost? While the program has long been underfunded, those already receiving or nearing retirement benefits are unlikely to be affected. Several policy changes, such as raising the retirement age or increasing payroll taxes, could stabilize the system, but younger individuals should prepare for saving for retirement now.
It's that time of year again when most Stellantis (formally Chrysler) employees will be eligible to receive their annual profit-sharing check on March 7, 2025. This year, approximately 38,800 U.S. hourly workers will receive up to $3,780 in profit-sharing. This is a major annual event for most Stellantis employees.
It's that time of year again when most Ford Motor Company employees will be eligible to receive their annual profit-sharing check on March 13, 2025. This year, approximately 57,000 U.S. hourly workers will receive up to $10,208 in profit sharing. This is a major annual event that occurs for most Ford Motor Company employees.
Artificial intelligence (AI) is playing an increasingly central role in various sectors. As AI systems become more advanced in “finding solutions” or “making decisions,” an important concept reminder: AI does not care whether it’s right or wrong...
General Motors employees will be eligible to receive their annual profit-sharing check in February. This year, approximately 45,000 U.S. hourly workers will receive up to $14,500 in profit sharing. Here are the 4 steps you should take once you receive this check.