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Succession Planning Strategies for the New Year
With a new year on the horizon, it’s natural to start thinking about potential resolutions for 2020. Unfortunately, more than three-quarters of those resolutions won’t make it past February. While there may not be much harm in not reading as much as you intended or failing to prepare to run a marathon, the stakes are m
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3 Smart Places to Save Now
With Social Security set to deplete one year earlier than expected, taxes on retirement benefits may only get worse, not better. Currently, 15% of your Social Security benefit is tax-free. For the other 85%, it all depends on your “provisional income.” So, it’s important to be able to manage your income in retirement,
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4 Strategies to Make Your Business Model Recession-Resistant
For years, we’ve been hearing that another recession is on its way. As the economy ebbs and flows, business owners can be forced into precarious positions that may threaten not only their livelihoods, but the livelihoods of their team members as well. But there are ways you can start preparing for the next recession no
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Why Teaching Kids to Save Early Sets Them Up for Financial Success
Set kids up for financial success. Start to lay the groundwork. Strong Financial Literacy Matters. Tips for Parents to Get Started on teaching
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Could your budget handle a drop in income?
One of the most difficult situations to deal with is a drop in income, as most people adjust their lifestyles to use up all of what they bring in. In
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Money Management During National Financial Literacy Month: The Stress-reducing Real-Life Finance Program
April is National Financial Literacy Month. If you feel like your employees, or yourself, are lagging in your financial planning (or have no plan at
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How to use education benefits to create a more inclusive workplace
Attaining and developing appropriate skills is the key to growth within your career and your company. More than two-thirds of jobs will require some post-high-school learning by 2027 and employees who have degrees can expect as much as a 167% salary bump over those who do not. Yet employees in underrepresented demograp
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3 Asset Allocation Rules You Should Know by Heart
The assets you accumulate in your lifetime can be used to benefit you in the near term as well as retirement, and knowing how to manage those assets will increase the likelihood of them serving you well. With that in mind, here are a few rules to stick to if your goal is to grow wealth successfully. 1. Don't invest mon
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What The Self-Employed Need To Learn From The PPP Loan Process
2020 has been a year of many lessons. From social distancing to coloring our own hair, we have all had to learn to adapt in a pandemic-driven world. It has been a time of change, reflection and fear. For many self-employed individuals, the Covid-19 pandemic has provided an additional lesson: education in the finances
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Fraud Is Only The Tip Of Retail’s $850 Billion Returns Challenge
Returns have become an intractable problem for retailers — one that exploded with the rise of e-commerce and has been compounded by a dramatic increase in fraudulent returns.