The American Rescue Plan Act, a $1.9 trillion stimulus bill, was passed and signed into law by President Biden on March 11, 2021. Aimed at assisting with the economic shortcomings of the pandemic, this legislation covers a broad base of pandemic-related initiatives. At Austin Asset, we make it a priority to unpack recent legislation, and […]
When people think of Social Security, they often think of it as just a retirement benefit. They assume if they work and pay into Social Security long enough, they will qualify for a monthly retirement benefit that lasts the rest of their life. Social Security is that and much more. In addition to retirement benefits, […]
Most Americans will eventually receive Social Security and Medicare benefits. Each year, the Trustees of the Social Security and Medicare Trust Funds release lengthy reports to Congress that assess the health of these important programs. The newest reports, released on April 22, 2020, discuss the current financial condition and ongoing financial challenges that both programs […]
As individual investors, we are commonly drawn to what is going on in the market. Often, the things that draw us in are engineered to make us react. In doing so, we can often come up with reasons why we should buy or sell. When asked to explain our reasoning it is often a ‘gut […]
Greg has been a supporter and donor of Any Baby Can for many years. Hear about why giving to Any Baby Can has changed his and his family’s perspective.
It is not hard to find out how the ‘market’ is doing today—our news reports on it nearly every minute. Our colleagues, neighbors, close friends and family talk about it. We see it on social media and in our inbox. Eventually, this leads to us wondering how our investments are doing against said ‘market.’ So, […]
Federal, state, and local governments have extended a number of deadlines amid the coronavirus pandemic. Here are just a few of the deadlines that have been affected. Federal and state income taxes The IRS has postponed the due date for filing federal income tax returns and making tax payments from April 15, 2020, to July […]
The new Coronavirus Aid, Relief and Economic Security (CARES) Act provides relief for American individuals and businesses while impacting taxes, loans, and health insurance. Take a look at our recent newsletter to see how our team breaks down what you need to know about the CARES Act.
Throughout March 2020, as it became increasingly evident that the economic impact from the COVID-19 pandemic would be both profound and prolonged, Congress passed several pieces of legislation with provisions to help small business owners shore up their business’s coffers and keep employees on the payroll. Within a few weeks, initial funding for the two […]
If you leave your company, you can often continue your life insurance coverage with the same insurance company. The group life insurance contract under which you are insured may have a conversion privilege available to all employees who are insured under the employer’s group plan. A conversion privilege will be subject to certain conditions described […]