The SECURE Act And How It Can Impact Your Retirement

The Setting Every Community Up for Retirement Enhancement (SECURE) Act was signed into law on December 20th, 2019, in an effort to expand retirement plan access and boost savings at a time when most Americans are under-prepared for the challenges of retirement.

The law is quite expansive, affecting many areas of the retirement landscape. Click to read more for a few highlights of the changes that will impact Retirees and Savers.

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Who gets paid when you invest? (and why that matters!)

Schwab recently announced that the company would be reducing commissions on U.S. and Canadian stocks, ETFs and options from $4.95 to $0.

The announcement enticed other competing firms to also reduce or eliminate commission charges on stocks, ETFs and options. With companies not charging commissions on trades any more, you might be inclined to ask:

So how are they making money?

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