2022 Fourth Quarter Commentary

2022 Fourth Quarter Commentary

Now that 2022 has come to an end, we can reflect on what happened and what we may be able to expect in the year ahead. The year started off with a fed funds rate of 0% – .25% and the expectation the Federal Reserve (FED) would raise it to .75% – 1% by year...
2023 FOMC Meeting Schedule

2023 FOMC Meeting Schedule

The Federal Open Market Committee (FOMC), a body of the Federal Reserve System – holds eight regularly scheduled meetings during the year. At each meeting, the committee discusses the outlook for the U.S. economy and monetary policy options. 2023 FOMC Meeting...
Secure Act 2.0 Raises RMD Age

Secure Act 2.0 Raises RMD Age

The age at which individuals begin taking required minimum distributions (RMDs) increased to 73 from 72 on January 1, 2023. If you turned 72 in 2022 or earlier, you must continue taking RMDs as scheduled. If you are turning 72 in 2023 and have already scheduled your...
Office Holiday Party

Office Holiday Party

Spirits were merry & bright at our annual office holiday party. We are so grateful for this wonderful Socha Team. What a joy to celebrate the holidays with people you...