Bethany Larrañaga

4 days ago | talenteverywhere.org | Bethany Larrañaga

Household Goods Policies Need to Reflect Employee Needs and Demographic Changes What are the most important household goods in your life? How much does it cost to move those goods to a new location? These are some of the questions facing relocating employees. In some cases, relocating employees may have little to ship, which can be helpful in an age of rising shipping costs.

4 days ago | talenteverywhere.org | Bethany Larrañaga

A recent decision by a German tax court has redefined the tax landscape for companies with German headquarters and globally mobile employees. The ruling confirms that for tax purposes, a German-headquartered company—not its foreign branches—is considered the legal employer. This has immediate implications for short-term travel and business visits into Germany.

5 days ago | portfolio.bisanet.org | Bethany Larrañaga

According to Vanguard’s “How America Saves” report, 45% of defined contribution participants raised their savings rates last year. When including nonparticipants, employees in automatic enrollment plans saved an average of 12.3%, considering both employee and employer contributions. Employees in voluntary enrollment plans saved an average of 7.4% due to lowered participation rates. These changes resulted in an average account balance of $134,128 and an average median balance of $35,286.

6 days ago | portfolio.bisanet.org | Bethany Larrañaga

Investors have poured more than $320 billion into U.S. money market funds so far this year, according to Crane Data LLC, with the investment vehicles now holding a record $7.4 trillion in assets. Since the Federal Reserve started raising interest rates in March 2022, total assets under management in U.S. money funds increased by about $2.5 trillion, and retail investors have accounted for about 60% of that, data from the Investment Company Institute show. Read the full article on Bloomberg

1 week ago | portfolio.bisanet.org | Bethany Larrañaga

Securities markets turned historically turbulent after President Trump announced his sweeping tariff policy on April 2. Investors have since experienced a rollercoaster ride of fits, starts, pauses, exemptions and speculation about potential trade deals. Meanwhile, retirees, retirement savers and small business owners — core constituencies of community banks and credit unions — all could use some clear-cut answers in a time of heightened uncertainty.