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Coronavirus Withdrawals From An IRA Or 401(k): Who Can, And Should, Tap Retirement Accounts?
Part of the CARES Act allowed individuals to tap IRAs or 401(k) retirement plans if they were impacted by the coronavirus and needed cash. The law permits withdrawals up to $100,000 (or the account balance, if lesser), without penalty. The funds can be paid back, though it’s optional. For struggling business owners and
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Five Signs It's Time to Retire in 2025
Are you on the fence about retiring this year? Consider these signs to determine whether or not you're ready
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Here's the checklist business owners should use when planning to reopen
After nearly two months of disruption, businesses around the US are impatient to resume operations. In one survey, half of small businesses said they were actively working on a local re-opening plan. In a separate question, half also said they could re-open in less than a month after restrictions end. In order to reope
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Navigating AI Integration In Manufacturing: Challenges, Benefits And Strategies
Karim Pourak is an Atlanta-based technology entrepreneur who has co-founded several startups in Biotech & AI. He is the CEO of
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Purpose-driven leaders will occupy your workplace in 2020: Here’s how to maximize them
At some point in their careers, your employees will reach a breaking point: Are they happy with their jobs and careers, or is it time to move on, to try something new? Too often, companies are letting excellent employees leave, rather than enabling them to reach their full potential. Take the example of Michael, a fina
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Want To Leave Your Kids An Inheritance? They May Only Have 10 Years To Take It.
The Secure Act, which was signed into law in December 2019, brings about several major changes to the retirement system. One such shift marks the end of so-called “stretch IRAs” for non-spouse beneficiaries who inherit a retirement account after 2019. Although there are a couple of exceptions, starting in 2020, most ad
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Build Skills to Keep the Talent You Have and Attract and Grow the Talent You Need
Empowering people to reach their full potential in the workplace is the key to building a thriving organization. Workers are enduring a slew of
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Common Financial Weaknesses and How to Overcome Them
Everyone has different financial weaknesses, some more common than others. These can include overspending, living beyond your means, not having an
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Why Evolving Your Business Right Now Is Critical
Humans don’t like change very much - this we know for sure. But in business, everything is constantly evolving because the industry is constantly evolving. Anyone who has wanted to cling to how things were will be in for a surprise this year, as COVID-19 entirely shifted the original paradigm. However, it’s also presen
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Why supply chain security affects organizations everywhere
Supply chain security is becoming a priority for organizations everywhere. The pandemic exposed the need for more secure and resilient supply chain