Planned Solutions

In this episode of the Planned Solutions Incorporated Podcast, The US Treasury is becoming a larger and larger focus of Wall Street as the US Government has been borrowing very large amounts from the private sector. With the current large federal deficit, the need to roll over short-term borrowing, higher interest rate costs, and reduced lending from foreign entities have caused the US Government to borrow more and more from the domestic markets. This creates a risk that there will be too little debt available to fund the private sector. Also, When an employee leaves their employer, they often have the option to keep their money invested in the employer’s retirement plan. However, employees with small balances may be “forced out” of the plan by having their money transferred to an IRA. The definition of a small balance will be increasing from $5,000 currently to $7,000 in 2024 making it so the “force out” may impact more employees in the future. Plus, Credit cards can be a valuable tool for processing paym