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 […]

Small Wins

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 […]

Prepare Now for Future Emergencies

September is National Preparedness Month. Consider these tips to help keep your family safe in an emergency and allow you to leave quickly with the items you need most. September is National Preparedness Month, part of an effort by the Federal Emergency Management Agency (FEMA) to raise public awareness and inspire disaster readiness. Most communities […]

Inflation Reduction Act: What You Should Know

The Inflation Reduction Act includes health-care and energy-related provisions, a new corporate alternative minimum tax, and an excise tax on certain corporate repurchases of stock. The Inflation Reduction Act, signed into law on August 16, 2022, includes health-care and energy-related provisions, a new corporate alternative minimum tax, and an excise tax on certain corporate stock […]

Now Might Be a Good Time for a Roth Conversion

A cost-benefit analysis could help determine whether it would be beneficial to pay taxes on some of your IRA assets now rather than later. One silver lining in the current bear market is that this could be a good time to convert assets from a traditional IRA to a Roth IRA. Converted assets are subject […]

IRS Releases 2023 Key Numbers for Health Savings Accounts

The IRS has released the 2023 key tax numbers for health savings accounts (HSAs) and high-deductible health plans (HDHPs). The IRS has released the 2023 contribution limits for health savings accounts (HSAs), as well as the 2023 minimum deductible and maximum out-of-pocket amounts for high-deductible health plans (HDHPs). An HSA is a tax-advantaged account that’s […]

Rising Rates Join Long List of Housing Dilemmas

In this environment, prospective homebuyers, renters who must renew a lease, or anyone looking for a new place to live could find themselves between a rock and a hard place. Homebuyers braving the hot U.S. housing market have run headlong into a striking transition. The average interest rate for a 30-year fixed mortgage jumped from […]

Despite Concerns, Retirement Confidence Remains Steady

For more information on this year’s Retirement Confidence Survey, please visit www.ebri.org. All investing involves risk, including the possible loss of principal, and there is no guarantee that any investment strategy will be successful. There is no assurance that working with a financial professional will improve investment results. Nearly three quarters of workers and 77% of […]