Understanding your tax responsibilities helps you manage your retirement income more effectively. Social Security is an important component of many retirees’ income, and most recipients will pay at least some tax on those benefits. How the IRS Taxes Social Security Benefits The Internal Revenue Service (IRS) determines your tax responsibilities using your combined income. This […]
Stocks Trade Higher as Market Leadership Broadens Monthly Market Summary The S&P 500 Index gained +1.5% in January, setting a new high as it traded above 7,000 for the first time. Large Cap Growth declined -1.5% as tech stocks traded lower, while Large Cap Value rose +4.6%. The Russell 2000 returned +5.4% and set new […]
There are several types of Individual Retirement Accounts (IRAs), the most common being the traditional IRA and the Roth IRA. Each has its own rules for contributions, withdrawals, and taxes. Understand these differences to choose the plan that’s right for you. 1. You Can Have Multiple IRAs, but Maximum Contributions Are Cumulative The Internal Revenue […]
Data centers and semiconductors are market-driving narratives right now because they are the backbone of AI computing. Marvell Technology is a “picks and shovels” play, meaning it provides the tools that support AI development. And though the AI boom may be recent, Marvell Technology has been in the game for over 30 years. It has […]
Whether retirement is a long way off or right around the corner, planning for it is never set-it-and-forget-it. The Internal Revenue Service (IRS) often increases Individual Retirement Account (IRA) and 401(k) contribution limits to account for inflation. And you need to know that because if you don’t increase your own contributions, inflation may leave you […]
Key Updates on the Economy & Markets Markets navigated a complex environment in Q4. The quarter started with a government shutdown, which lasted 43 days and delayed key economic data releases. The lack of timely information made it difficult to assess the economy’s strength and contributed to periods of volatility as the market reacted to […]
2026 Themes Bull market is long is “Long in the Tooth”, but environment remains positive. Midterm elections bring politics back into the forefront. AI infrastructure is old news, what is the next iteration? Speaking of the next iteration… Natural gas is trouncing oil and no one has noticed. After years of underperformance, international investments are […]
Interest rates are constantly in flux, and many don’t realize that this impacts their personal finances and retirement plans in significant ways. If you have a savings account, loans, investments, or retirement accounts, the decisions you make when interest rates rise or fall directly affect your financial security. Here’s what you need to know. Key […]
Whether it’s the holidays or a birthday, giving is a wonderful way to express feelings and make people smile. While it’s common to give gifts to loved ones, giving to those you don’t know can be as rewarding. Making charitable donations to those in need doesn’t just fill you with a sense of purpose and […]
View How Charitable Giving Can Affect Your Taxes and Retirement Planning
What the Holidays Can Teach Us About Budgeting for Long-Term Goals The holidays are a magical time when family and friends gather together and make new memories. Unfortunately, the fun sometimes comes with a hefty price tag that can devastate your bank account if you’re not careful. Putting the time in beforehand to plan out […]