On August 24th, the Biden administration announced their plan to provide student loan relief through an executive order. According to the Federal Reserve, there is about $1.75 trillion in outstanding student loans, and it is estimated that one in seven Americans are borrowers. Here we provide a summary of the provisions and eligibilities included in the plan

The American Rescue Plan is providing stimulus payments and other benefits to Americans. How are you and your taxes affected? Families with children and incomes in the $150,000 range should pay special attention.

The Biden Administration has proposed several tax law adjustments. With a Democratic sweep, we can expect many of these changes to take place. These include potential increased corporate tax rates, lowered estate tax exemptions, elimination of Step-Up in basis, capital gains tax rates, and more. Be watchful of changes and adjust your estate plan and investing goals accordingly. This could be one of the most important planning years ever!