The articles below offer general information, opinions, and forecasts and should not be considered advice.
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.
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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.
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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.
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August 2024 – By Daniel Zalipski CFA®
F. Scott Fitzgerald once stated, “The test of a first-rate intelligence is the ability to hold two opposing ideas in mind at the same time and still retain the ability to function.” The phenomenon he is describing, simultaneously holding two or more contradictory beliefs, is known as cognitive dissonance. It is more commonly associated within the field of psychology, but the concept is catching the attention of investors struggling to make sense of an increasingly complex landscape as two dissonant economic reports continue to report contradictory and perplexing results.
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