Luke Allchin

Jan 16, 2025 | techtrendspost.com | Luke Allchin

Life insurance, once a staple of American households’ financial plans, is undergoing a quiet transformation. Only half of American households have life insurance, compared to three-quarters 20 years ago. As life stages change and household dynamics evolve, consumer sentiment toward life insurance has changed significantly since the start of the new millennium.

Jan 16, 2025 | finextra.com | Luke Allchin

Life insurance, once a staple of financial planning for American households, is undergoing a quiet transformation, only half of US households have life insurance compared to three quarters 20 years ago. As life stages shift and household dynamics evolve, consumer sentiment towards life insurance has changed significantly since the start of the millennium.

Nov 11, 2024 | finextra.com | Luke Allchin

The US housing market has stagnated over the past two years, primarily driven by the economic consequences of high mortgage rates, affordability challenges, and slow construction growth. Though mortgage rates are beginning to ease for borrowers, they remain significantly higher than before. This shift has left many potential buyers on the sidelines and altered the behavior of homeowners and first-time buyers. MacroMonitor data shows how households’ financial goals have shifted over time.

Oct 28, 2024 | finextra.com | Luke Allchin

The modern workforce is rapidly evolving, and with it, so is the way people plan for retirement. The days of working 9-to-5 in a full-time job with employer-sponsored benefits are becoming less common. Instead, we’re seeing the rise of the gig economy, where freelance, contract, and part-time work have replaced traditional employment for millions of Americans. While the gig economy offers flexibility and independence, it’s leaving many workers facing a looming crisis when it comes to retirement.

Aug 2, 2024 | finextra.com | Naina Rajgopalan |Kaustuv Ghosh |Luke Allchin |Max Koretskiy

A payroll includes determining the total working hours of the employees, allowances of the employees, withholding taxes, and maintaining financial records of all the payments. It requires you to calculate the tax, handle sensitive data of the employees, and deposit the salaries in the bank accounts of the employees. In this fast-paced world of Business, it’s necessary to manage the payroll efficiently. Managing the payroll precisely and accurately serves as the cornerstone for success.