2023 Outlook – Capital Group/American Funds
Capital Group provides long-term perspective on markets and economies. Click here and download for their 2023 insights.
What Tax Advisers say the Midterm Elections Mean for Your Financial Plans: Hint – Multiyear Approach
The WSJ says the midterm elections give Americans an opportunity to map out their next three tax returns. Click here to read more.
Traditional vs. Roth IRA
Traditional vs. Roth IRA Traditional Individual Retirement Accounts (IRA), which were created in 1974, are owned by roughly 36.6 million U.S. households. And Roth IRAs, created as part of the Taxpayer Relief Act in 1997, are owned by nearly 27.3 million households.1 Both are IRAs. And yet, each is quite different. Up to certain limits, traditional IRAs allow individuals to make tax-deductible contributions into their account(s). Distributions from traditional IRAs are taxed as ordinary income, and if taken before age [...]
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 [...]