FROM THE DESK OF ANDRÉS
Articles
U.S. public debt: Where is the breaking point?
The U.S. public debt just hit a jaw-dropping $35 trillion — that’s 120% of GDP. Yikes. So, the big question: How much is too much, and what does it mean for your money? According to Capital Group, “High debt levels don’t necessarily mean an imminent crisis, but they...
Big News from The Fed: What It Means for You
The FOMC (aka The Fed) just lowered interest rates a second time by 0.25%. This clearly signals that the Fed is on an easing path and done with rate hikes of 2023. What does that mean for your investment portfolios? According to Capital Group, their investment team...
The NEW 2025 Retirement Plan Contribution Limits! KEY Updates Inside
The IRS has just released the NEW 2025 retirement contribution limits. We’ve outlined some of what’s new for 2025 and what these changes could mean for your retirement outlook. We will be publishing a user friendly FULL 2025 tax numbers document soon. Be sure to keep...
Are You Prepared for the Election’s Market Impact?
With the presidential election quickly approaching, we understand this may be a stressful time. From ballot counts to legal challenges, Election Day is likely just the beginning. As John Emerson, Vice Chair of Capital Group, notes: “There’s a good chance we won’t know...
The Next Big Wave in Health Care
As we close out 2024, one of the most exciting trends shaping the future across multiple industries is the rise of innovation. From health care to technology, these advancements are transforming sectors and creating substantial growth potential. "We are in the early...
Minivans and long-term investing…
I happened to be reading one of my favorite columnists this weekend: Dan Neil. Dan writes the Rumble Seat column for the Wall Street Journal. This weekend Dan wrote a follow up to his 2018 Honda Odyssey review, writing about the soon-to-be-released VW ID.Buzz an...
Stock markets worldwide were up in the third quarter 2024
Stock markets, through a slow start to the third quarter, were mostly up to end the quarter 9/30/2024. The S&P 500 returned 5.9% during the third quarter, bringing its year-to-date (YTD) return to 22.1%. Bolstered by a weaker U.S. dollar, developed international...
Welcome to the Benjamin Button Economy
The U.S. economy appears to be heading back to the future. Here's what Capital Group has to say... "In the 2008 movie, The Curious Case of Benjamin Button, the title character played by Brad Pitt ages in reverse, transitioning over time from an old man to a young...
The Fed just cut interest rates. Now what?
The Federal Reserve (aka FOMC) has cut interest rates. What does it mean? Hear from Capital Group on their take…. The U.S. Federal Reserve has finally arrived at the rate-cut party. Officials at the central bank lowered interest rates 50 basis points to 4.75% to...
U.S. economy poised for a soft landing. What comes next?
You may have heard the term “soft landing” for the US economy. Let’s take a look at what that means from The Capital Group’s economist: Darrell R. Spence and his take at the end of August. A great deal of market commentary over the past several months has focused on...
Tax Ideas
The GREATEST Tax Benefit Available! If You Qualify… 😉
A health savings account (HSA) may be the best tax-beneficial tool you can use. Health Savings Accounts are triple-tax free, so if eligible to contribute, make the most of it! Tax advantages include: Tax-free or tax-deductible contributions Tax-deferred earnings in...
Due to NEW Tax Legislation, Reviewing Your Beneficiaries has Become VITAL!
As we have mentioned before, the new tax legislation is making things harder for beneficiaries of retirement plans. First let’s review retirement account (RA) beneficiaries in general. All retirement accounts, like IRAs, 401k’s, pensions, etc., must have a named...
Tax Rates Set to Expire. Are YOU Ready?
Many of the Tax Cuts and Jobs Act (TCJA) of 2017 provisions which reduced income taxes for all of us are set to expire December 31, 2025 if congress does not vote to extend them. Given the poor job the US Congress does to take action and the historically high US debt:...
Charitable Contributions from IRAs
The Pension Protection Act of 2006 first allowed taxpayers age 70½ and older to make tax-free charitable donations directly from their IRAs.
Donor-Advised Fund
A donor-advised fund offers an easy way for a donor to make significant charitable gifts over a long period of time.
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