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Planning for what will happen to your wealth when you are gone can be a difficult thing to think about, but doing so now can benefit you and your family

Despite more than a year of aggressive Federal Reserve rate increases, the United States economy is still growing, albeit more slowly. U.S. gross domestic product (GDP) – the value of all goods and services produced in the U.S. economy – grew by 5.1 percent over the first quarter.

It’s earnings season – the time when publicly traded companies report on how profitable they were during the first quarter of 2023.

The recent 2022 Social Security Trustees report finds that in 2034, retirees will start receiving a reduced benefit if Congress doesn’t fix funding issues for the social program. In other words, Social Security will exist after 2034, but retirees will only receive 77% of their full benefit starting then.

Click to listen for some perspective and information about investing in times of elevated levels of market volatility.

Keep your eye on the big picture

If you are one of the many people who hold company stock in their workplace retirement plan, consider the tax strategy net unrealized appreciation (NUA).

Current economic conditions can be interpreted in different ways, too. Recent economic data and a possible credit crunch, resulting from upheaval in the banking sector, suggest growth is slowing. After viewing the data, some say we’re heading for a soft landing, and others say a recession is coming.

The first quarter of 2023 brought Dr. Dolittle’s pushmi-pullyu – the rarest animal of all – to mind. It is the offspring of goat-antelopes and unicorns, and has a head at each end of its body.

Choosing a trustee – the person or entity who’ll manage the assets within your trust – is no easy task.

Investors are willing to take on risk to achieve their long-term financial goals, but not everyone manages it in the same way. Some people are willing to embrace risk, and others prefer a less adventurous option

Financial markets were volatile last week as investors parsed the risks around bank closures, central banks offered additional protections for depositors, and regulators took a harder look at bank balance sheets.

A Roth conversion moves all or part of your traditional pretax IRA to a Roth IRA. Roth conversions are used as a tax planning strategy: accelerating income taxes due on the converted amount to create tax-free retirement account growth.

Thrown for a loop.

Here are some tips to protect your information this tax season.

Stocks and bonds are two of the better-known asset classes in the family of potential investments. Last week, they were in opposition.

Is it good news or bad news?

There were some unwelcome surprises in last week’s economic data that caused markets to reassess expectations for 2023

This time may be different...or it may not be. There has been a lot of speculation about how the Federal Reserve’s policies will affect the United States economy. Economists have differing opinions about whether the country is headed for:

If you find yourself in a position where everyone you have wanted to assist with the cost of higher education has completed their schooling and there is still money left over, the SECURE 2.0 Act has just created a new, attractive option for what to do with those funds.