529 accounts are getting a lot more powerful with the recent SECURE Act 2.0 legislation that went into effect on January 1st. Here’s what you need to know: Typically, 529 money is dedicated to education expenses like college tuition. Taking money out for other “non-qualified” purposes generally triggers penalties and taxes. Meaning that if your […]
We hope you had a fantastic end to your 2022 and are feeling refreshed and ready for 2023. We wish we were bringing over some fresh fruit smoothies or pressed juices to help kick the year off. Instead, we have some new retirement rules for you. Fun, right? We’re going to try to make it […]
We’ve got a quick post about markets and elections for you. First, a quick win: markets recently posted a strong rally on better-than-expected inflation data.1 We’re highlighting this win because it reinforces a fundamental lesson about long-term investing: you want to be in the market when it moves. Not on the sidelines. If you’re on the sidelines, […]
We’ve got three small wins for you this week. When it seems like there’s a flood of bad news and everything is unpredictable, we think it’s important to highlight the bright spots when we see them. Small Win #1: The economy bounced back in Q3 U.S. economic growth made a comeback last quarter – the […]
We’ve got some thoughts to share as we welcome the first day of fall. Higher-than-expected inflation data slammed investor expectations and rippled through markets, causing a broad selloff.1 We definitely expect to see more volatility in the weeks to come. Why are markets selling off? Folks were hoping that tamer inflation would cause the Federal […]
Have questions about the recent student loan forgiveness announcement? We’ve got (some) answers. You’ve probably heard by now that the government plans to forgive federal student loans for roughly 20 million Americans.1 Here’s what we know about the loan forgiveness so far:2 The Dept. of Education will forgive up to $10,000 in federal student loans […]
Scams got a big boost during the pandemic and we’ve been hearing about more folks (even very tech-savvy ones) getting caught up. We wanted to share some tips so you and your loved ones can stay safe. You might think your friends, family, and elders would be too smart to get caught, but the wider […]
A short blog post about rollercoasters. Markets rallied in relief on some better-than-expected data on Friday.1 It was a bright spot in what has seemed like a relentless parade of bad news. But the Dow, S&P 500, and Nasdaq still all closed out the week with losses.1 Is this the bottom of the bear market? Maybe. […]
Well, it happened. We knew that markets were going to continue their wild ride, and here we are. Stocks slid into bear market territory after a bad May inflation report showed that prices rose at the fastest pace since 1981.1 It’s clear that the Federal Reserve’s efforts to cool inflation haven’t borne fruit yet, and […]
Markets gifted us with another burst of volatility and headlines are looking apocalyptic again. Some folks might think it’s time to bail on markets for the summer, but we’ll tell you why that thinking is a mistake. First, let’s peel back some layers to explore what’s driving markets. (Want to discuss any concerns directly? Just […]
