After the recent collapse of the 16th largest bank in the United States, called Silicon Valley Bank (SVB), more and more doctors have been talking about FDIC limits.
As a reminder, FDIC limits are the protections provided to your bank accounts sponsored by the United States government through the Federal Deposit Insurance Corporation (FDIC). Examples being your checking accounts, savings accounts, and CDs held at a banks protected under FDIC insurance.
In the event of an FDIC bank failure, the FDIC reimburses depositors of that bank up to certain thresholds.
Hope you’re all having a great holiday season. Towards the end of December, Congress passed a large omnibus bill. Included within the bill are some minor changes to the retirement landscape.
Here is a quick summary to what’s being called the SECURE Act 2.0. The first SECURE Act changed some retirement benefits back in December 2019.
Inflation is all the buzz lately. We hear it all over the news. It’s a hot topic. Yet, it’s amazing how little information is out there on what you can do about it in your daily life.
I read a dozen articles or so on this topic, and to be honest it was a lot of fluff. So, the list below is meant to be to the point. This article is advice doctors can take action on today.
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