With the start of the new year, the 2022 AIA Trust Component Grants Program guidelines are now available for your component to submit winning program ideas for grants up to $3,000 each. Submissions are due by April 4, 2022. More than $300,000 has been awarded directly to AIA Components for innovative programs that foster leadership…
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A new AIA Trust paper about the potential impact of the green design movement on the architect’s standard of care explores new risks and legal theories associated with green design and offers two case studies.
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If you’re an architect who is self-employed or receives 1099 income as an independent contractor, you know that it’s up to you to establish a retirement plan. But do you understand the various approaches available to you, such as an individual 401(k) plan, and which may best suit you and your situation? If you’ve done…
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Federal, state, and local governments in the United States see Public-Private Partnerships (P3s) as a means to implement critical infrastructure improvements, such as improved public roads, highways, and bridges, and construct municipal improvements, such as courthouses, airports, and higher education residential facilities, when they have no immediate way to fund them. While benefits abound for…
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According to a report by the National Association of Insurance Commissioners, as baby boomers age, they will have to deal with one of the largest financial risks of their generation: the overwhelming majority of elderly Americans will require long-term care (LTC) in their lifetimes. The expenditure required for long-term care often exceeds retirement income and…
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In April 2018, the AIA Trust published The AIA Trust Guide to Marijuana Facilities Design which examines some of the necessary design considerations as well as the potential legal risks that a design professional may face in light of conflicting state and federal legal requirements. As these requirements continue to evolve, so do issues that…
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Financial wellness is one of the top trends in employee benefits right now because it has a good return on investment. When done right, it benefits both the employees of small businesses and their employers. It may seem like it’s outside the interest of employers to help employees deal with their individual financial issues. In…
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When running a firm, you need a business continuity plan to ensure orderly leadership transition in case one or more key people leave, no matter the reason. Leaders, whether owners or managers, may leave because of retirement, death, a disagreement over strategy, or a job opportunity at another firm. Planning is crucial–and an important part…
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As an architect saving towards retirement, you know that employer-sponsored plans, such as 401(k)s and IRAs, are the best ways to invest for retirement. While both are good options, if you’ve already maxed out your contributions to those accounts and want to save more, an annuity may be a good investment to investigate. …
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Everyone’s situation is different Mine began recently with a bunch of firsts: my first job, my first apartment and my first life insurance plan. I am now 25, single with no children, some disposable income–and life insurance coverage. How did this happen? The conversation began at work. I asked Bill, a colleague and mentor in…
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