Too Much Coffee, Soda May Raise Your Risk of Stroke, but Tea May Lower It

New research has linked drinking more than four cups of coffee a day with a 37% higher risk of stroke. Frequent consumption of carbonated beverages was also linked with increased stroke risk by 22% and fruit juice and drinks by 37%. However, consuming three to four cups of tea a day lowered the overall risk of stroke by 27% to 29%, though adding milk may offset…

How to Join a Credit Union

Joining a credit union requires comparing different offerings, learning about membership qualifications, and funding your account. Unlike banks, which are open to the public, even the best credit unions often have membership criteria, so not everyone can join. Find out how to determine whether a credit union would be a good fit for you, and how to join one. Key Takeaways To join a credit union,…

3 More Benefits GLP-1 Drugs Like Ozempic May Provide in Addition to Weight Loss

GLP-1 medications are most often used to treat type 2 diabetes and obesity. However, new research has found that they may have other applications. They may help lower the risk of opioid overdose as well as early death. They might also help reduce the symptoms of hidradenitis suppurativa, a chronic skin condition. GLP-1 drugs like Ozempic, Wegovy, Mounjaro, and Zepbound have gained popularity in recent years…

What Is the Best Way to Invest $100K in Cash?

Here is a problem that most people would be happy to have: You find an extra $100,000 in discretionary cash on hand, and you’re not sure what to do with it. The operative word here is discretionary. We’re assuming that your $100,000 of extra cash really is extra and that you do not have any outstanding debt, especially high-interest credit card debt. If you have outstanding…

Cash Management Account vs. Brokerage Account

What Is a Cash Management Account? A cash management account (CMA) is a type of account offered by many financial institutions that combines features of checking, savings, and investment accounts. This kind of account is designed to streamline an individual’s financial operations by providing a “one-stop shop” for multiple banking activities. The key features of a cash management account include the ability to deposit and withdraw…

8 Common Investing Mistakes to Avoid

Investing is by no means always easy and profits are never guaranteed. There are countless books on investing and everyone has different tips and tricks that work for them. Even professional investors aren't always right even after years of practice. Additionally, every investor is different, with different investment goals, risk tolerances, and knowledge. However, there are some common mistakes that all investors should avoid, which we…

White House OSTP Releases PFAS Federal R&D Strategic Plan

The White House Office of Science and Technology Policy (OSTP) announced on September 3, 2024, the release of its Per- and Polyfluoroalkyl Substances (PFAS) Federal Research and Development Strategic Plan (Strategic Plan). Prepared by the Joint Subcommittee on Environment, Innovation, and Public Health PFAS Strategy Team (PFAS ST) of the National Science and Technology Council, the Strategic Plan provides a federal strategy and implementation plan for addressing the strategic areas…

Application of New Mental Health Parity Rules to Provider Network Composition and Reimbursement: Perspective and Analysis

On September 23, 2024, the U.S. Departments of Labor, the Treasury, and Health and Human Services (collectively, the “Departments”) released final rules (the “Final Rules”) that implement requirements under the Mental Health Parity and Addiction Equity Act (MHPAEA). The primary focus of the Final Rules is to implement new statutory requirements under the Consolidated Appropriations Act of 2021, which amended MHPAEA to require health plans and issuers to develop…

Supreme Court Holds Life Insurance Proceeds Paid to Closely-Held Corporation to Fund Buy-Sell Agreement Increases Estate Tax on Deceased Shareholder’s Estate

In Connelly v. U.S., 144 S.Ct. 1406 (June 6, 2024), the United States Supreme Court upheld an estate tax deficiency of $889,914 in a decision that will impact many families and closely-held businesses. A Buy-Sell Agreement is often used to ensure that a closely-held company will remain within the family after the deaths of its owners or otherwise ensure the continuity of the business after an owner’s…

BIOSECURE Act: Anticipated Movement, Key Provisions, and Likely Impact

Last night, the House of Representatives passed the BIOSECURE Act (BIOSECURE or the Act) by a bipartisan vote of 306 to 81. The BIOSECURE Act prohibits federal agencies from procuring or obtaining any biotechnology equipment or service produced or provided by a biotechnology company of concern. Subject to some exceptions, it also prohibits federal agencies from contracting with a company that uses equipment or services produced…