I can store money in my payment app but is it safe?

I can store money in my payment app but is it safe?

Recently, you may have seen in the news media, or in our blog posts, that the Federal Deposit Insurance Corporation (FDIC) bailed out several banks. Due to swift action, these appear to be isolated incidents; however, it has focused businesses on the need to ensure their funds are balanced and properly insured. What hasn’t been…

|

What does Secure Act 2.0 of 2022 mean for my business?

The Secure Act 2.0 was part of the omnibus government funding bill passed at the end of 2022. There are many provisions of this act that are intended to encourage Americans to save more for retirement, but it also means that every business has compliance requirements to begin considering. There are two and a half…

When starting your small business or non-profit what can be a DIY project and what should you seek expert support on?

There are times when entrepreneurs can DIY (do it yourself) and times when they need to spend the money on expert support. Clients often come to me when starting their small business or non-profit and want to know what they can do themselves and what they need to do with the support of an expert….

As recession fears increase what should you do if your employer suspends the 401(k) match?

In the past, employers have suspended or eliminated the company match on retirement plans as recessions started or ramped up. You need to make the best decisions for your retirement plan, your wallet and your family. As recently as 2020 as many as 21% of employers suspended their contributions to 401(k) plans. Often they do get…