Our Latest News & Insights

Netflix has another mega hit on its hands with the recent release of The Queen’s Gambit, which is now the streaming service’s most-watched scripted limited series to date with 62 million views in the first month. The show follows chess prodigy Beth Harman on her journey to become the world’s best chess player. […]

With a new year on the horizon, the IRS has released the inflation-adjusted retirement savings limits for 2021. While many of the limits remain unchanged, there are a few updated figures to take note of. 401(k)/ 403(b) Plans The annual contribution limit remains unchanged at $19,500. The catch-up amount of those

The year 2020 has been anything but normal and most everyone will be happy to see it go. Now we are 2 short months away from 2021 and the stage is set to resolve some of the year’s biggest unknowns (positively or negatively) in the coming weeks. Each of these storylines has the potential […]

The CARES Act was passed back in late March to provide economic relief during the Coronavirus pandemic. An important piece of the initial legislation was the waiver of required minimum distributions (RMD) for 2020. The initial legislation did not include relief for those who had already taken a portion or the full RMD prior to […]

Though we are still in the midst of the COVID-19 pandemic, financial markets are now in a much different place than they were just three months ago. After one of the sharpest declines in U.S. stock market history, the S&P 500 rallied in the second quarter. As states began to reopen […]

As Coronavirus spread through the United States, what should have been the spring semester for college students was suddenly upended. In many cases students were told to pack up and leave as campuses were closed, and in nearly every college, classes were either canceled or moved online. The world really turned upside […]

We know that COVID-19 has taken an unprecedented toll on the economy and has investors asking “what now?” Thankfully, Michael Little was featured on Gross Mendelsohn’s latest episode of What Now to talk through some of the biggest questions investors have. Michael talks through the short and long term impact on the economy[…]

Our government, local leaders, businesses, and Americans across the country now face a very difficult pandemic paradox: the better we manage to contain the coronavirus pandemic, the greater the devastation to the economy. To date, choosing to save lives has been a top priority for most governors; however, rising resistance to the shutdowns and […]

The reality of COVID-19 is forcing us to face those “what if” situations most are reluctant to think about, let alone plan for. Estate planning, while it can be a difficult topic, is one that needs to be dealt with in order to leave your loved ones in a constructive space upon your incapacitation or demise. […]

The Coronavirus Aid, Relief, and Economic Security, known as the CARES Act, was signed into law on Friday, March 27, 2020 and has several provisions that relate to your retirement accounts. Below are 3 highlights and how they can impact your retirement accounts. RMDs are Suspended for 2020 The required minimum […]

Yesterday the Federal Reserve cut the federal funds rate by .50%, bringing it to a range of 1-1.25%. This was done in an effort to stay ahead of the potential disruptions and economic slow-down created by the Coronavirus (COVID-19). While the virus has had a mostly negative impact on the stock market […]

By now we have all seen the headlines and disturbing images associated with the Coronavirus. There are previously bustling cities that have been turned into ghost towns, hundreds of individuals quarantined on cruise ships for weeks, and thousands of families experiencing heartbreaking loss. […]

The start of a new year is often a time for reflection. When we take the time to look back on the happenings during the past 12 months, we are reminded of all that can change in a year. The start of 2019 looked fairly dismal with 3 main themes playing out in the market […]

The new year is often a time when people make resolutions about their finances. Typically these resolutions are about saving more, cutting costs, and developing a plan to reach your financial goals. These resolutions might leave you asking “is it time to engage a financial […]

The SECURE Act, Setting Every Community Up for Retirement Enhancement Act, has passed in Congress, along with the nearly $1.4 trillion spending bill for FY 2020. This is the first major piece of retirement legislation in a decade. The legislation affects employers, but here we are […]

The Internal Revenue Service (IRS) has announced its 2020 cost-of-living adjustments (COLAs) for retirement plans. While some retirement plan limitations will stay the same for 2020, many key limitations will increase next year, including the participant contribution limit. […]

Happy Halloween! Today is the day when all things spooky and scary are embraced to the fullest. Haunted houses with surprises around each corner are considered “fun,” but the market doesn’t necessarily feel the same way when it is spooked or taken by surprise. So, what spooky surprises do we […]

Recently #millennialretirementplans was trending on Twitter. The “retirement plans” that were mentioned were not your typical blend of Social Security and retirement plan assets. The “plans” were much more dismal, with major concerns over healthcare costs, Social Security running out, lack of savings, and climate change. […]

The fall season is upon us, which means that America’s biggest sport is back. I’m talking about football, of course! It’s a time for friends, family, and co-workers to get together and debate about their favorite teams and who will eventually be crowned Super Bowl Champion. However, even the most loyal fan usually has a realistic idea of how […]

Labor Day has passed and school is officially back in session, but in June back to school was already on Michael Little’s mind as he gathered with some of Gross Mendelsohn’s CPAs to discuss “4 Big Financial Challenges Facing Private Schools in 2019.” The group talked about fundraising, endowment management, audits, and strategic planning. Below […]

On August 26th we celebrated Women’s Equality Day, making this the perfect time to address women and finances. As roughly half the world’s population, we cannot afford to leave female investors out of the financial conversation. The traditional model of men running the family finances is shifting, as now 96% […]

Late last year, many prognosticators were predicting the Fed would raise rates several more times in 2019 and interest rates would continue to rise. However, our data-driven process and “investing for all seasons” approach revealed something different – a high likelihood that economic growth would start to slow and interest rates would start to fall. […]

Outside all signs are pointing to spring – the budding trees, blossoming flowers, and cars covered in pollen. We start dusting off our t-shirts and shorts that have been boxed away since last year as we look forward to spending time outside after being cooped up inside all winter long. So why […]

On March 17th, St. Patrick’s Day, the Irish spirit is in full force as folks put on their favorite green shirt and the Guinness is plentiful. St. Patrick’s Day originated in Ireland, but that doesn’t stop Americans from participating in the Irish celebrations. While “going green” is a requirement on St. Patrick’s Day […]

Saving for college can be a challenge for many families, but the state of Maryland, through the Save4College State Contribution Program, is helping families make those college dreams come true. The goal of the program is to encourage families to contribute to their children’s future education through a 529 plan. […]