Personal Finance
This will be a short one. In an earlier blog, we explored the dilemma facing a number of Americans who inherited IRA accounts from loved ones who passed after 1/1/2020 (Reference that article here.) As of October 7th, we now have an answer to the timeliest issue in the matter. In advance of a formal/final […]
Highlights Equities The third quarter witnessed a tug of war between investors who believed that peaking inflation would soon lead the Federal Reserve to pause and then reverse its rate hikes and those who took the Fed at its word that rates hikes would continue for the foreseeable future. Given the Federal Reserve’s history over […]
In 2019 Congress passed legislation to overhaul the regulations governing retirement account assets, contributions, and eligibility. This legislation, despite its numerous detailed regulatory amendments was intended to have two primary effects: one, to increase individual eligibility and contribution levels to retirement accounts and two, to accelerate tax revenues generated through the eventual distribution of those […]
In 2020, an estimated 73% of Americans gave money to charitable causes. Quite frankly, that figure is higher than I anticipated when I began researching this blog post. Even more impressive, that is the lowest percentage of the 21st century (not too surprising given the difficult financial circumstances of the last year). The average figure […]