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...
Depending on your age, you may have lived through a few different economic cycles in your lifetime – you know they ebb and flow. If you’re younger, you might have only experienced an economy that has gone north. Regardless of age, the strength of the economy over the last decade...
In 2019, The SECURE Act changed the rules concerning distributions from pre-tax Individual Retirement Accounts (IRAs) inherited through beneficiary designation (a so-called “Beneficiary IRA”). As with many such changes to the tax rules, this new rule took time to dissect and fill in “best guesses” for how the new law...
In prior years, this column’s annual look at health care in the greater Tri-Cities has treated the sector as a business.On the basis of a key indicator in Benton-Franklin Trends that tracks employment by sector, we’ve pointed out that health care and social assistance in the two counties is now...
The new year always tends to usher in change and goalsetting.And it’s no different for us.We announced an ownership change at the Tri-Cities Area Journal of Business, bidding farewell and well wishes to longtime Journal owner Melanie Hoefer on Dec. 30.Hoefer, the paper’s founder, sold the paper and stepped away...
