Blog
Gen X Prepares to Ascend the Throne
01.06.21 01:54 PM - Comment(s)
Generation X, comprised of adults between the ages of 40 and 55, have entered their prime earning years while at the same time enjoying a bull market for stocks. This demographic represents about a quarter of households in the U.S. (26.8%) and a similar share of
Social Security Proposals and Strategies
18.05.21 01:50 PM - Comment(s)
As the Social Security Trust Fund approaches its expiration date, many existing entities offer funding alternatives. For example, the Association of Mature American Citizens (AMAC) recommends a combination of changing how the cost of living adjustments are made, delaying retirement age, and updating...
Tax Topic: Qualified Business Income Deduction
12.05.21 01:47 PM - Comment(s)
One of the provisions included in the Tax Cuts and Jobs Act of 2017 was the Qualified Business Income (QBI) deduction. It is designed as a tax break for small businesses or self-employed individuals and is comparable to the enhanced tax breaks legislated for larger companies. However, while the corp...
New Status on Pension Plans
11.05.21 01:45 PM - Comment(s)
Financial professionals and economists have talked about the “graying of America” and the retirement crisis for at least a couple of decades. Now, it seems, things have reached a tipping point.
Even labor union workers, primary beneficiaries of rich benefits and pension plans, have been struck. Throu...
What the Stimulus Could Mean for Investors
27.04.21 01:41 PM - Comment(s)
Millions of Americans have embraced the new relief money resulting from the $1.9 trillion America Rescue Plan. They’ve been able to pay for utilities and put food on the table while looking for employment. Those who maintained their jobs throughout the pandemic have embraced the payout as well, but ...
Warren Buffett’s Annual Shareholder Letter
16.04.21 01:38 PM - Comment(s)
Every year, Berkshire Hathaway’s Chairman and CEO Warren Buffett sends a thoughtfully crafted letter to its shareholders. The investment industry gleans whatever newfound wisdom possible. Given that 2020 was an unusual year by economic, social, and financial standards, there is much to glean.
Despite...
Annuity Insights
06.04.21 01:33 PM - Comment(s)
The Insured Retirement Institute (IRI) – a trade association for the retirement income industry – advocates annuities as vehicles that can help provide retirees income guaranteed by the insurer. The organization has been actively educating and lobbying legislators to expand annuity access as part of...
Can Money Buy Happiness?
30.03.21 01:29 PM - Comment(s)
In 2010, a study was published by two Nobel prize-winning economists purporting that people with more money feel better about their lives. However, that held only up to an annual salary of $75,000 ($90,000 in today’s dollars). Past the $75k threshold, people weren’t necessarily any happier.
That scen...
That Pesky Early Withdrawal Penalty: It’s There for a Reason
23.03.21 01:25 PM - Comment(s)
One way for the government to potentially earn more tax revenue is by eliminating the early withdrawal penalty. This is the typical 10%-tax penalty on distributions from retirement accounts by people younger than age 59 ½. (1)
If that penalty didn’t exist, investors might be more inclined to pull mon...
Is the Market Poised for a Value Shift?
16.03.21 01:17 PM - Comment(s)
The stock market continues to exhibit resiliency in the face of disrupting factors, ranging from a global pandemic to a severe economic decline to a controversial presidential election. For many years, Wall Street analysts warned a market correction was long overdue. Yet, despite intermittent volati...
Categories
- Weekly Blog
(172)
- uncategorized
(20)
- Economic Outlook
(5)
- finance
(16)
- Investing
(11)
- pension
(1)
- social security
(1)
- Tax
(3)
- Business Tax
(0)
- oil
(1)
- labour market
(1)
- saving
(2)
- investment
(7)
- retirement
(20)
- health
(2)
- tax planning
(3)
- college
(1)
- family
(1)
- Real Estate
(1)
- property
(0)
- lifestyle
(0)
- education
(0)
- Disability
(0)
- risk management
(0)
- money
(0)
- financial
(0)
