Market Review 2023: Rising Stocks Left Predictions Grounded
Many had predicted that 2023 would be an extremely difficult year for the financial markets, but instead, both the stock and bond markets demonstrated remarkable…
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2023-2024 Contribution Limits for Retirement Accounts
The Internal Revenue Service (IRS) has announced the new contribution limits for retirement plans for 2024. Workers will now be able to elect for up…
3Q2023 in Review – On the Bright Side
The end of the third quarter of 2023 brought some challenges in the financial markets. The S&P 500 fell -4.9% in September and the MSCI…
Demystifying the Gift Tax
Understanding the Federal gift tax is essential for sound financial planning. This article aims to explain key concepts, debunk some common misconceptions, and outline some…
529 College Savings Plan – Options for Unused Balances
Qualified tuition plans, more commonly known as “529 accounts,” are tax-advantaged savings accounts designed to help families save for future education expenses. These accounts are…
Market Volatility in Retirement: Addressing Sequence of Return Risk
Deciding to retire during market volatility can be a tough call. Do you stick it out for another year, or take the plunge? Even with a…
Unnerving Headlines: This is Why We Diversify
In Q1 of 2023, global stocks gained nearly 7% in the first quarter, continuing the upward momentum that we saw in Q4 of 2022. Bonds also…
Secure Act 2.0: Provisions Affecting ROTH IRA Accounts and What They Mean for You
There are several provisions in Secure Act 2.0 that relate to ROTH IRAs and ROTH accounts within workplace retirement plans. ROTH AccountsFirst, as reminder, ROTH…