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ATTENTION ALL CA BUSINESS OWNERS: There is a new state-mandated retirement savings program for all California businesses with 5 or more employees, including non-profits. Businesses with 5+ employees may be penalized for not participating in this new IRA program unless they have their own qualified retirement plan in place for employees. We have noticed that many employers are unaware of this new requirement so we’re doing our best to spread the word.
Article written by Workest by Zenefits
An Independence Day message from our CEO, Jake Parsons.
With so many different terms being used to describe the role of a financial advisor, it’s important to recognize that not all are created equal. Each is different, offering different services and pricing to help their clients achieve their goals. In this article, we break it down the key differences to keep in mind when vetting your financial professional.
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Generating wealth is one thing- keeping it is another thing, entirely. No matter where you are in your journey, the easiest way to stay on track is to avoid big mistakes. We found this article helpful in summarizing the biggest money blunders, and how to avoid them.
Tax filing season is getting a late start this year. The delay is due to implementation of key tax changes introduced in the December stimulus deal. Check out this article from Yahoo! Money to learn more about the pending changes. You may need to consult your tax professional to ensure you are maximizing the credits available to you.
Has there been a new year in recent remembrance that has been more welcome to arrive? Our CEO, Jake Parsons, embraces 2021 and reflects on what we’ve learned from 2020.
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We’re at the end of the year, 2021 is near.
Reviewing your retirement plan is nothing to fear.
You’re a plan fiduciary, what’s that mean?
Review your vendors, investments and fees.
With some simple tricks and a few tips,
You can check this task right off your list!
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Thanksgiving is a perfect time of the year to reflect on the past 12 months and appreciate what we are thankful for this year. As this is our first Thanksgiving as Statherós Financial Solutions, we wanted to share five things that we are thankful for as we approach the holiday season.
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Jake Parsons, our CEO, reflects on the current state of the market and the upcoming election. Several of the folks here at Statherόs are working their way through a very well thought out book authored by Morgan Housel called The Psychology of Money. It is an impactful yet simple read making Housel one of the best communicators of personal finance and the investor behavior. Probably one of the most striking points he makes is that when it comes to our finances, people should not think purely rationally about their assets as much as they should think reasonably.
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CEO Jake Parsons in Cold Springs at the annual charity event.
University of Chicago Booth Professor and Nobel prize winning economist Eugene Fama talks about the evolution of modern finance.
Science has transformed every aspect of life-including investing. See how financial science has formed the foundation of Dimensional's approach.
Here are the limits for 2020 for different types of accounts. Please reach out to our financial services representatives for further assistance or questions.
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Struggling to decide between implementing a 401(k) or applying for CalSavers? With the state-mandated deadlines approaching, this article works to break down the differences between the two programs. This is not meant to serve as advice, but rather as a guide as you approach the decision making process. If you have questions or would like more direction, please contact Statherós Financial for assistance.
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The news is full of stories- It’s scary. When we look back on the coronavirus story of 2020 in the year 2040, what will we think?
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The world is watching with concern the spread of the new coronavirus. The uncertainty is begin felt around the globe, and it is unsettling on a human level as well as from the perspective of how markets respond.
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Though we can’t predict precisely what will happen during the 2020 election year, this slide deck shows what we’ve seen in the past through historical data.
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In November, the IRS released the new limits for 2020 year. For a complete list, head to the IRS website.
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