In the next few years, looming demographic challenges for both caregivers and the aging American population will pose additional complications for the cost of long-term care.
When the market drops by 5%, 10%, or even 20%, the natural instinct for many investors is to reduce risk, not increase it. This reaction, while understandable, can be detrimental to long-term financial success.
ERISA outlines the responsibilities of fiduciaries, mandates employee dishonesty insurance and holds fiduciaries personally liable for breaches of their duties.