Becca

Changes to the Tax Code to Note This Year

Changes to the Tax Code to Note This Year

By Becca / March 20, 2019 / Comments Off on Changes to the Tax Code to Note This Year

Retirees and those near retirement should take note of the changes in the tax code. Also, important to note are the rules that are not changing, especially ones regarding retirement plans. Factoring in changes to the tax code can help you plan for your retirement. Don’t overlook these tax breaks and deductions: The standard deduction…

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Weekly Market Thought of the Week – Important Lessons From the Bull Market’s 10th Anniversary

By Becca / March 18, 2019 / Comments Off on Weekly Market Thought of the Week – Important Lessons From the Bull Market’s 10th Anniversary

Many of us would like to forget the state of the markets in March 2009. The Great Recession brought on by the housing and credit crisis was in full meltdown. A new administration had entered the White House. Large financial institutions (e.g., Lehman Brothers) had collapsed, while others (e.g., Bear Stearns) required unprecedented bailouts from…

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How to Handle Life’s Busy Seasons

How to Handle Life’s Busy Seasons

By Becca / March 13, 2019 / Comments Off on How to Handle Life’s Busy Seasons

Generally, accountants have a good work-life balance, but they’re notoriously busy during tax season. From January to April, their workload increases significantly, and they must come up with new techniques to manage their time. Sometimes when we’re used to a routine, extra work or activity can throw us off because we don’t know how to…

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Weekly Market Thought of the Week – Insights On The Global Markets and Economy

By Becca / March 11, 2019 / Comments Off on Weekly Market Thought of the Week – Insights On The Global Markets and Economy

Economic growth in the U.S. remains strong despite a gradual slowdown. The delayed release of the fourth-quarter gross domestic product (GDP) showed that growth had moderated from 3.4% in the third quarter to a still abovetrend pace of 2.6% in the final quarter of 2018. This brings the annual growth rate for the U.S. in…

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Benefits of Pairing Your IRA with a Health Savings Account

Benefits of Pairing Your IRA with a Health Savings Account

By Becca / March 6, 2019 / Comments Off on Benefits of Pairing Your IRA with a Health Savings Account

Healthcare costs can skyrocket in retirement, and Medicare only covers so much. A Health Savings Account (HSA) allows you to set aside pre-tax money to pay for qualified medical expenses like deductibles, copayments, and coinsurance to help cover your healthcare costs. An HSA is a great retirement planning tool, especially when paired with an IRA…

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Weekly Market Thought of the Week – The Rally in 2019 – a Tale of Two Assets

By Becca / March 4, 2019 / Comments Off on Weekly Market Thought of the Week – The Rally in 2019 – a Tale of Two Assets

As we enter the third month of 2019, the events of the fourth quarter of 2018 seem like a distant bad memory. Global stock markets have risen, erasing all the prior concerns that shook the markets during the last quarter. Two key drivers of the radical shift in sentiment have been the Federal Reserve (Fed)…

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Why Can’t You Rely Solely on Social Security in Retirement?

Why Can’t You Rely Solely on Social Security in Retirement?

By Becca / February 27, 2019 / Comments Off on Why Can’t You Rely Solely on Social Security in Retirement?

Social Security is only designed to replace a part of a retiree’s income, and the buying power of its benefits has decreased by a third since 2000, according to a report by the Senior Citizen’s League. The cost-of-living adjustments (COLA) used to determine Social Security benefits don’t always accurately reflect seniors’ rising living expenses. And,…

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Weekly Market Thought of the Week – Weekly Market Recap

By Becca / February 25, 2019 / Comments Off on Weekly Market Thought of the Week – Weekly Market Recap

U.S. large cap equities (S&P 500 Index) rose 2.5% as optimism for U.S.-China trade talks continued, Fed Governor Brainard provided dovish commentary, U.S. labor market data remained strong, and an agreement to avoid another government shutdown was reached. Click Here to view the full Market Thought of the Week!

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Significant Estate Planning Steps

Significant Estate Planning Steps

By Becca / February 20, 2019 / Comments Off on Significant Estate Planning Steps

You made sure your kids wore helmets, ate their vegetables, and looked both ways before crossing the street when they were small. Why? Because you worried about their safety. Protecting your children financially is no less important. Rather than leaving them to figure out a plan for finances and medical care in the event of…

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Weekly Market Thought of the Week – Are Corporate Earnings Driving the Stock Market Rally?

By Becca / February 18, 2019 / Comments Off on Weekly Market Thought of the Week – Are Corporate Earnings Driving the Stock Market Rally?

The stock market in the U.S. is off to a strong start in 2019 as fears of a looming recession have subsided, with investors taking comfort that the Federal Reserve (Fed) will continue to support economic growth. Another fundamental driver of the market’s performance has been solid corporate earnings. Corporate earnings track a company’s profits…

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