Has Inflation Peaked?
JP Morgan says inflation has already peaked, and two things in particular will ease Americans' pain over the next 12 months. Click here to read more.
What to Know About the 529 Grandparent Loophole
What to Know About the 529 Grandparent Loophole Jess Ullrich Wed, October 5, 2022 at 9:00 AM How the 529 Grandparent Loophole Works A 529 plan can be a powerful way to save for college, offering tax-free growth and other tax benefits. These accounts are so powerful, in fact, that many grandparents choose to open them for their grandchildren. In the past, there was a downside to a grandparent 529, though. Distributions from these accounts were included on the Free [...]
Will the 2022 Midterm Elections Move Markets?
Will the 2022 midterm elections move markets? 5 data points to consider. Click here to read more.
This Is Not What a Recession Looks Like
This is not what a recession looks like Signs of economic growth are everywhere, says Jurrien Timmer. BY JURRIEN TIMMER, DIRECTOR OF GLOBAL MACRO FOR FIDELITY MANAGEMENT & RESEARCH COMPANY (FMRCO), 07/28/2022 Key takeaways Although there's a sense of dread in the air that a recession is imminent, this sentiment isn't necessarily a reflection of the economic reality. Unemployment is low, consumers are spending money, and earnings continue to grow—all of which are positive economic signs. Earnings reports, which can [...]
A Bucket Plan to Go with Your Bucket List
A Bucket Plan to Go with Your Bucket List John and Mary are nearing retirement and they have a lot of items on their bucket list. Longer life expectancies mean John and Mary may need to prepare for two or even three decades of retirement. How should they position their money?1 One approach is to segment your expenses into three buckets: Basic Living Expenses— Food, Rent, Utilities, etc. Discretionary Spending — Vacations, Dining Out, etc. Legacy Assets — for heirs [...]