by Michael Smoots | Jan 20, 2021 | Blog, Retirement
Remember Rothification? In 2017, tax reform debate included discussion of lowering the amount that workers were able to save in tax-deferred retirement plans to $2,400 from $18,500. Amounts contributed over $2,400, up to the cap, were slated to be taxed as those...
by Chris Bouffard | Jan 19, 2021 | Blog
The Bottom Line ● Equities began and ended the week with losses to mark their first weekly decline of the new year. Small companies, however, were able to advance and have now been positive in 10 of the last 11 weeks. ● The 10‐year Treasury yield rose as high as 1.18%...
by Chris Osmond | Jan 15, 2021 | Blog
2020 – An unprecedented year of contrast The year 2020 will forever be marked as the year of COVID-19; a virus that saw more than 20 million infected and took more than 300,000 American lives; more than 1.5 million around the globe; a pandemic that forced the entire...
by Chris Bouffard | Jan 11, 2021 | Blog
The Bottom Line ● Stocks overcame a pair of contentious Senate runoff races, protestors storming the US Capitol, and a disappointing employment report to advance for the week and close at new all‐time highs. ● Bond markets have begun to price in higher inflation,...
by Chris Bouffard | Jan 7, 2021 | Blog, COVID-19
Quick Takes Finish strong. Stocks closed the quarter, and 2020, with strong returns, despite lingering economic concerns brought on by a resurgence in coronavirus cases, challenges with the vaccine roll‐out, and uncertainty around the policy implications following the...
by Matthew Eickman | Jan 7, 2021 | Blog, COVID-19, Retirement
Congress Provides Additional Retirement Plan Relief The late-December COVID-19 relief bill (the Consolidated Appropriations Act, 2021 or the “Appropriations Act”) included various retirement plan-related provisions among its 5,500+ pages. A closer look at...
