Saving For Retirement
All investing involves risk, including the possible loss of principal, and there can be no assurance that any investment strategy will be successful. Taxable distributions from retirement plans, IRAs, and annuities prior to age 59½ may be subject to an additional 10% penalty tax unless an exception applies. Due to the Coronavirus Aid, Relief, and […]
Social Security Announces Big COLA For 2023
IMPORTANT DISCLOSURES Dightman Capital does not provide tax or legal recommendations. The information presented here is not specific to any individual’s personal circumstances. To the extent that this material concerns tax matters, it is not intended or written to be used, and cannot be used, by a taxpayer for the purpose of avoiding penalties that may be […]
Federal Tax Filing Season Has Started
The IRS announced that the starting date for when it would accept and process 2022 tax-year returns was Monday, January 23, 2023. Tips for making filing easier To speed refunds and help with tax filing, the IRS suggests the following: Key filing dates Here are several important dates to keep in mind: Awaiting processing of […]
Screen Sanity in a Digital World
Raising Kids in a Digital World Screen Sanity Workshop Presented by Dightman Capital We are the first generation of parents pondering questions like, When do I get my child a phone? and How should I prepare them for social media? How much screen time is too much? Dightman Capital has partnered with highly acclaimed nonprofit Screen Sanity […]
Retirement Investors Get Another Boost from Washington
SECURE 2.0 will usher in many changes for retirement plans and IRAs over the next several years. This information is not intended for tax, legal, investment, or retirement advice or recommendations. Amid the 1,650-page, $1.7 trillion omnibus spending legislation passed by Congress last week and expected to be signed by President Biden were several provisions […]
2023 Key Numbers
Here are the newly updated key planning numbers for 2023 which include income tax tables, investment taxes, retirement planning, standard deduction limits, alternative minimum tax (AMT), education credit and deductions, estate planning, health care, Social Security/Medicare, and standard mileage rates. Click here for a list of comprehensive numbers for 2023.
Grateful for You
First, a quick win: markets recently posted a strong rally on better-than-expected inflation data.1 I’m highlighting this win because it reinforces a fundamental lesson about long-term investing: you want to be in the market when it moves. Not on the sidelines. If you’re on the sidelines, you miss out. Ok, lesson over. Let’s talk about the midterm […]
The overall market and economic picture looks as uncertain and hazy as ever. But there are good weeks (and months) and small wins along the way. Let’s take a moment to appreciate them.
What Does a Strong Dollar Mean for the U.S. Economy?
Demand for the dollar tends to increase during difficult times as investors seek stability and security. The Federal Reserve’s aggressive policy to combat inflation by raising interest rates has driven demand even higher. In late September 2022, the U.S. dollar hit a 20-year high in an index that measures its value against six major currencies: […]
CHIPs and Science Act Aims to Preserve U.S. Technology Edge
In a significant expansion of industrial policy, federal subsidies are being offered to help reduce the nation’s reliance on semiconductors produced mostly overseas and forge a more resilient supply chain. The CHIPs and Science Act of 2022, signed into law on August 9, is a bipartisan legislation package that provides more than $50 billion in […]