Record Level Results
Indices closed well into the green zone on Thursday. The Dow, S&P 500, and Nasdaq ramped up to all-time record highs. A jump in crude oil and positive retailer news propelled the session.
Surviving Spouse Estate Tax Exclusion
The estate of the decedent may elect to pass any unused lifetime exclusion to the surviving spouse. Read more in this week’s Tax Tip.
Stocks Slip
Indices closed trading in red territory on Wednesday. Financial and energy brands led the S&P 500 lower. Stocks slipped amid retreating crude oil prices.
Insurance Contract Basics
Comparing insurance policies may make your eyes glaze over, but all policies share certain common elements. Learn more in this week’s Insurance Tip.
Slight Gains
Trading closed slightly in the green zone on Tuesday. Brands gained on a variety of economic news. U.S. productivity retreated in the second quarter. Bureau of Labor Statistics data showed productivity dipped by 0.5% versus expectations of 0.5% growth.
Interest Rates Fall Again on New Federal Student Loans for 2016/2017
Federal student loans issued July 1, 2016, through June 30, 2017 will enjoy a lower interest rate. Read more in this week’s Financial Tip.
Brands Retreat
Indices closed in red territory on Monday. Healthcare brands such as Bristol-Myers Squibb, Amgen and Pfizer traded lower while energy stocks such as Exxon Mobil, Chevron and ConocoPhillips stepped up.
Stocks Step Up
Indices closed Friday’s trading session in the green zone. The S&P 500 and Nasdaq hit all-time high levels. Stocks stepped up amid the release of stronger-than-anticipated jobs numbers.
Prior-Prior Year Income Rule Good for Grandparent-Owned 529 Plans
In today’s Marietta Daily Journal, Bil Lako, CFP® explains some of the benefits to the FAFSA’s new prior-prior income rule. Read the Article
Business Owners: Other Compensation Methods
There are a number of tax-favored fringe benefits companies may offer to both regular and highly paid employees. Read all about it in this week’s Business Tip.