Planning for retirement has always been one of the most important aspects of personal financial management. In the United States, millions of workers rely on employer-sponsored retirement plans, such as 401(k)s and pensions, to ensure financial stability after they stop working. But ensuring that these plans are managed responsibly and fairly requires regulation—and that’s where ERISA, the Employee Retirement Income Security Act of 1974, comes into play. ERISA was designed to

When income rises, most people find themselves making subtle but noticeable lifestyle changes. One of the first areas where this shift becomes apparent is in how, where, and how often they eat out. The decision to dine at upscale restaurants instead of fast-food chains is rarely a conscious financial choice—it’s deeply psychological. The psychology behind spending more at restaurants when income increases is driven by identity, emotional satisfaction, social signaling, and li

For many first time business owners that finally break through financial hurdles and reach their first $100k in business profits, usually...