November 21 2022

A Guide to SIMPLE IRAs and 401(k)s for TPAs

In the retirement plan world, SIMPLE stands for Savings Incentive Match PLan for Employees. There are SIMPLE IRAs and SIMPLE 401(k)s. Note how the L is from the word Plan and is not the first letter of its own word. That way it’s SIMPLE and not SIMPE...

November 04 2022

Investor Insights - November 2022

See our recap of October's key statistics and market commentary below.  Noteworthy Numbers 4.55 The yield on the U.S. 2 Year Treasury peaked at 4.55% in October before finishing the month at 4.51%. This is its highest level since August 2007. 14.07 T...

October 28 2022

Qualified Plan and Social Security Limits to Rise by Record Amounts in 2023

When the new Social Security benefit amounts and qualified retirement plan limits are announced in early fall each year, usually not all of them will rise in any given year because of how the limits are rounded down to the next lower multiple. Due to...

October 18 2022

CEO Sandy Wiggins Joins CBS 6 to Speak about Current Market Volatility

Last week, CEO Sandy Wiggins joined Bill Fitzgerald of CBS6 to discuss the current volatility in the market. Check out the video below for the full interview. You can also click here to see CBS6's write-up of the interview. 

October 10 2022

Investor Insights - October 2022

See our recap of September's key statistics and market commentary below.  Noteworthy Numbers 3 The Federal Reserve increased the Federal Funds Rate by 75 basis points to 3.00% in September; this is the highest the benchmark rate has been since Januar...

September 08 2022

Investor Insights - September 2022

See our recap of August's key statistics and market commentary below.  Noteworthy Numbers 11.2 The Job Opening and Labor Turnover Survey, commonly known as JOLTS, showed that there were 11.2 million job openings in July, and only 5.6 million looking ...

August 04 2022

Investor Insights - August 2022

See our recap of July's key statistics and market commentary below.  Noteworthy Numbers 9.22% The S&P 500 had a total return of 9.22% in July, the best monthly return since November 2020. -0.9% U.S. GDP declined at an annualized rate of 0.9% in t...

July 06 2022

Investor Insights - July 2022

See our recap of June's key statistics and market commentary below.  Noteworthy Numbers 1970 The last time the S&P 500 lost so much in the first half of any year was in 1970. The S&P 500 has declined 19.96% so far in 2022 as inflation, the Fe...

June 07 2022

Investor Insights - June 2022

See our recap of May's key statistics and market commentary below.  Noteworthy Numbers 6.6% The S&P 500 enjoyed a 6.6% return in the final full week of May, its best weekly return since November 2020. The rally helped the index avoid officially c...

May 26 2022

Which Plan Design is Right for You?

Many years ago, along with the birth of ERISA (Employee Retirement Income Security Act), a famous “rock” group posed a great question with the song lyrics “What’s The World Coming To?” With all that’s happening today, the question may now be apropos ...