by sochafinancial | Feb 1, 2023 | Informational
Black History Month is a time of celebration and recognition of the history, achievements, and influence of the Black community. While we hope this spirit of recognition isn’t limited to one month, we wanted to take this opportunity to honor a few of the many lives...
by sochafinancial | Jan 21, 2023 | SFG
Congratulations to the Corning Children’s Center for hosting such a beautiful event. The Blue Moon Ball Fundraising Gala was magical. Between the decorations, music and hors d’oeuvres, the attention to detail was impeccable. Our Socha Team had so much fun getting...
by sochafinancial | Jan 20, 2023 | Investment Management
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...
by sochafinancial | Jan 12, 2023 | Informational
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...
by sochafinancial | Jan 4, 2023 | Educational
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...
