Transferring wealth to children will become a touch easier in 2024.Buried in the estimated 4,000-page Consolidated Appropriation Act of 2023 that passed at the end of 2022 was the Secure 2.0 Act of 2022.It heralded many changes for the retirement system in the United States.One provision dealing with 529 accounts...
You don’t need to be a numbers geek to know that the pandemic wreaked havoc on the hospitality industry, here and elsewhere. Travel stopped, dining in became a dare and the workforce disappeared. None of the 19 large groupings, or sectors, of the local economy took so much of the...
A few weeks ago, I had a chance to meet Michael Landry, head of LIGO Hanford Observatory. He was part of the discovery team that detected gravitational waves that were created when two black holes collided 1.3 billion light years from earth. No one had ever “heard” the sound of...
I have a drink coaster in my office that I look at every day that features a quote from author Anais Nin: “Life shrinks or expands in proportion to one’s courage.”One of America’s top coaches and influencers Brendon Burchard has researched in his book “High Performance Habits” that “underlying all...
SECURE Act 2.0, an update to the Setting Every Community Up for Retirement Enhancement Act of 2019, was recently passed by the Senate. This new bill contains a variety of provisions that could positively affect the retirement savings for millions of Americans. Big changes to RMDsOne of the most significant aspects...
As talk of a potential economic recession gathers steam, keep in mind that much of the widely forecasted economic weakness in 2023 is already priced into markets.Instead of attempting to determine market direction over the next six months to a year, investors would be wise to ensure that their asset...
When you receive a serious diagnosis, you may feel like you have an impossible decision to make. Do I seek treatment and deal with the symptoms that will make me miserable, or do I choose to leave this life and my loved ones with dignity through hospice care?Thankfully, there is...
If Tri-City visionaries get their way, we soon could be home to think tanks focused on ways to support the agriculture and energy sectors.That’s welcome news in a region where the two industries help to bolster our economy.Plans to establish an Agricultural Innovation Center were announced at Tri-City Development Council’s...
One of the biggest challenges facing Washington employers today continues to be a lack of qualified workers. Even with rising inflation and growing concern about a potential recession, workforce issues remain paramount.At the same time, one of the biggest challenges facing parents today is finding high-quality, affordable child care. Like...
It’s past time for an energy reality check. If we are to meet our soaring demand for electricity and produce it without coal and natural gas, we must double down on nuclear power. Today, U.S. nuclear plants generate enough electricity to power more than 70 million homes. It’s the most reliable source...
