Social Security 2024 Raise Is 3.2% Enough to Stay Afloat
Will the 3.2% increment in Social Security benefits for 2024 suffice to ensure your financial well-being? While many Social Security beneficiaries are breathing a sigh of relief with this adjustment, amounting to an average monthly increase of over $50, it’s imperative to scrutinize the enduring challenges that the Social Security program grapples with as projected […]
2022 COVID-19 Supplemental Paid Sick Leave Law
With the COVID-19 pandemic came many changes that have affected our personal and professional lives. Many companies have changed their operational policies, allowing employees to work remotely, fully or partially. States and counties have also adjusted laws to accommodate the current trends. California is one state that has reviewed its sick leave policy to give […]
Can I take COVID funds out of my plan w/ CARES Act?
Section 2202 of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), enacted on March 27, 2020, provides unique distribution options and rollover rules for retirement plans and IRAs and expands permissible loans from specific retirement plans. General Information Partial Termination of a Qualified Retirement Plan Under Section 209 of the Taxpayer Certainty and […]
