February Also Means Financial Aid Awareness

The higher-education community celebrates Financial Aid Awareness Month throughout the month of February. For many students and families, filing the FAFSA (the Free Application for Federal Student Aid) and the CSS Profile (the Common Private College Aid Application) is a daunting task. We offer a variety of materials that you can use to learn about…

February is for Fiduciaries!

Working together to help you achieve your financial goals is incredibly rewarding. Here at SIMA, we take our responsibilities to adhere to the highest standards of ethical and professional conduct very seriously, which is why we are proud to be an Accredited Investment Fiduciary® Designee. The AIF® Designation is more than just an acronym. It’s…

Calculating OT? Double-Check Your Math

Overtime, or OT, is typically calculated by multiplying an employee’s hourly rate by 1.5–pretty easy, right? It depends who checks your math. The Department of Labor (DOL) recently published an opinion letter on pay rates, as they relate to calculating OT. According to the letter, you can vary employees’ average hourly rates from week to…