Archive for the
‘Retirement’ Category

February 15, 2021

Bob Veres

Retirement, Tax


The changes in Social Security benefits and taxes for 2021 were a bit controversial. Benefits will rise 1.3% this year, which is not expected to allow beneficiaries to keep up with increases in the cost of living. Meanwhile, the tax withholdings have risen faster than inflation; for 2021, workers will pay a 6.2% Social Security [...]
A bill entitled The Setting Every Community Up for Retirement Enhancement (SECURE) Act passed the U.S. House of Representatives last May by an overwhelming majority, and it was called the most comprehensive, sweeping retirement security legislation in recent history.  A few days ago, the Senate finally passed the same legislation by attaching it to its [...]
Last Friday, we had the pleasure to talk with Valorie Schwarmann, CFO and Senior Vice President of Homeport, a non-profit housing developer. Valorie oversees the financial systems, processes, planning, and reporting for all lines of business at Homeport.  What is Homeport? Homeport is a non-profit housing developer based in Columbus, Ohio. By building quality affordable [...]
When it comes to retirement, there are a lot of factors that can help ensure your financial security. While retirement might seem far away, it’s important to start planning early and make sure you are taking advantage of every avenue to generate savings. Maximize Your Employer’s 401k Contributions The most common method of retirement savings [...]