The following is a brief analysis of what we see occurring in the markets right now as a result of the COVID-19 outbreak in addition to a variety of resources we have found useful. Please do not hesitate to call us if you have any concerns about how the current market downturn is impacting your … Continued
In 2019, the Governor signed AB 5. Under AB 5, most workers are presumed to be employees for purposes of the Labor Code, the Unemployment Insurance Code, and for most wage orders of the Industrial Welfare Commission unless a hiring entity satisfies a three-factor test, referred to as the ABC test. This means that many … Continued
The end of the year, and the decade for that matter, came and went just like most other days. If you were paying attention to news feeds it is likely you were bombarded with an enormous number of retrospectives of notable events of the last year and decade. The ubiquitous “Best of …” lists were … Continued
Executive Summary Stock indexes posted incredible gains this year, shaking off persistent fears of a global slowdown and trade wars. Domestic growth prospects are favorable for the time being, but there may be structural problems coming in the form of declining global populations. Congress passed the SECURE Act and it brings with it changes that … Continued
The SECURE Act is the most important legislation to impact the retirement planning space in many years. We highlighted the pieces we believe were important for most people in our recent economic update. However, we are including the synopsis from the House Committee On Ways & Means here so that you can read the abbreviated … Continued
Congress recently passed—and the President signed into law—the SECURE Act, landmark legislation that affects the rules for creating and maintaining employer-provided retirement plans. Whether you currently offer your employees a retirement plan or are planning to do so, you should consider how these new rules may affect your current retirement plan (or your decision to … Continued
This report features world capital market performance and a timeline of events for the past quarter. It begins with a global overview, then features the returns of stock and bond asset classes in the US and international markets. The report also illustrates the impact of globally diversified portfolios and features a quarterly topic.
Provided below is the House Committee on Way & Means summarization of the SECURE Act.
EXECUTIVE SUMMARY Market performance has been strong, but volatility has made it hard to rest easy. Trade policy uncertainty is taking a toll on global and domestic growth while we wait and see what decisions are finally made. The Federal Reserve is taking an accommodative monetary policy stance to stimulate the economy; keeping wages and … Continued
It is official. 1st Global has become Avantax Wealth Management. You have, hopefully, seen our emails on this subject, and you are probably being inundated with updates from Avantax related to their privacy policy, suitability notices, and account details. If you have any questions or concerns, please ask us. This change is exciting for us … Continued