Given all the tumultuous developments in the first quarter this year, would you believe it if I told you stocks and bonds posted positive performance? Despite the largest bank failure since the Financial Crisis (and second largest in our history), two additional Federal Reserve interest rate increases, and hotter than expected inflation …
In our third episode your host, Arish Nurani, discusses SVB and the financial sector with our Chief Investment Officer, Jeff Cone CFA in our Market Moves segment. Then, Wealth Advisor Garrett Leroux talks early retirement and ESOP in our Timely Topic. Finally, Jaime Benedetti provides some insight into crypto risks …
Unable to meet withdrawal requests triggered by depositor panic, Silicon Valley Bank (SVB) was placed into receivership by the Federal Deposit Insurance Corporation (FDIC) on March 10, 2023. SVB represents the second-largest bank collapse in U.S. history.1 Two days later, the FDIC announced the closure of a second bank — …
To kick off the episode we begin with the Market Moves segment where host Arish Nurani, Wealth Advisor, discusses the likelihood of a recession with our Chief Investment Officer, Jeff Cone. For the Timely Topic, Bob Gucer, Managing Principal talks all things Individual Retirement Accounts. Finally, Jaime Benedetti, Managing Principal …
0:00 – Intro – your host, Arish Nurani, introduces the format of our new podcast. 1:10 – Market Moves – Arish and Jeff Cone discuss takeaways from the economy in 2022 15:04 – Timely Topic – Arish and Heather Gardner discuss recent contribution increases. 46:00 – Crypto Clip – Arish …
Are health insurance premiums taking too big of a bite out of your budget? Do you wish you had better control over how you spend your health-care dollars? If so, you may be interested in an alternative to traditional health insurance called a health savings account (HSA). How does this …
I think it’s safe to say that most of us are happy to close the books on 2022 and move on to 2023. After three straight years of impressive stock and bond returns, prices reset across asset classes to reflect a new investing environment. Financial asset prices have historically increased …
Certain retirement plan and IRA limits are indexed for inflation each year, and 2023 saw record increases inmany figures. Some of the key numbers are listed below, with the corresponding limit for 2022. (The source forthe 2023 numbers is IRS Notice 2022-55.) Elective deferral limits 2022 2023 401(k) plans, 403(b) …
On December 23, 2022, Congress passed the Consolidated Appropriations Act of 2023 (the Act). This omnibus bill funds the federal government through the end of the current fiscal year. Several legislative initiatives were attached to the omnibus funding package, including the retirement reform measures commonly referred to as SECURE 2.0. …
Some employers offer 401(k) plan participants the opportunity to make Roth 401(k) contributions. If you have access to this option, Roth contributions could play an important role in helping enhance your retirement income. What is a Roth 401(k)? A Roth 401(k) is simply a traditional 401(k) plan that accepts Roth …