Market Memo

September 2024 – By Scott Rosenquist CFA^®

The Federal Reserve lowered interest rates last week by a half percentage point in a much-anticipated pivot after holding rates steady since last July. There was debate going into the meeting on the size of the cut and the Fed opted for a larger-than-normal cut to start this rate-cutting cycle.

Planning Article

September 2024 – By Tom Rueger CFP^®

More people than ever are tapping into their 401(k)s and IRAs to manage financial emergencies. According to the Vanguard Group, early withdrawals from retirement accounts reached an all-time high of 3.6% in 2023, up from 2.8% the previous year.

Market Minute

September 2024 – By Kyle Rohrwasser

Treasury yields were down 25 basis points at 2 years and were down 19 basis points at 10 years over the last week. As a result, the current 2-year/10-year treasury spread widened into positive territory.

Planning Article

August 2024 – By Shelley Lein CFP^®

One of the most powerful savings tools is a Health Savings Account. An HSA has better tax benefits than both Roth and pretax retirement savings accounts, provided the distributions are used for qualified medical expenses. If you meet the requirement of having a High Deductible Health Plan (HDHP is a health plan with a deductible of at least $1600 for self or $3200 for family in 2024), it can be a tool to not only save on taxes but to provide for medical expense coverage in retirement.