Information for small business owners to consider. On Monday, Feb. 22, the White House announced several changes to the Paycheck Protection Program (PPP) that went into effect on Wednesday, Feb. 24. These changes are intended to further target “the smallest businesses and those that have been left behind in previous relief efforts.”1 If you’re a small business owner in need of financial ... Read More
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From Our Blog: The Starlight Navigator
Think about these factors before you leave work for the last time. Retirement planning is not entirely financial. Your degree of happiness in your “second act” may depend on some factors that don’t come with an obvious price tag. Here are some non-monetary factors to consider as you plan your retirement. What will you do with your time? Too many people retire without any idea of what their ... Read More
Here is what you need to know. Financially, many of us associate April with taxes – but we should also associate April with important IRA deadlines. Keep in mind that withdrawals from traditional, SIMPLE, and SEP-IRAs are taxed as ordinary income, and if taken before age 59½, may be subject to a 10% federal income tax penalty. To qualify for the tax-free and penalty-free withdrawal ... Read More