Stocks Slip
Indices closed Tuesday’s trading session in red territory. Energy brands such as Exxon Mobil, Total, and Royal Dutch Shell sold off amid retreating crude oil futures.
Projecting a Happy Retirement
Scary Fact: 41% of households headed by someone aged 55 to 64 had no retirement savings. Learn the steps you should take now in this week’s Financial Tip.
Slight Gains
Stocks posted slight gains on Friday amid a variety of economic news. U.S. manufacturing activity ramped up in June. The ISM Manufacturing Index climbed to 53.2 from 51.3 in May.
Simplicity is not Only for Investments, but Where You are Invested, too
In today’s Marietta Daily Journal, Bil Lako, CFP®, explains how simplicity in your finances can provide you with more flexibility. Read the Article
Business Use of Life Insurance: Corporate-Owned Life Insurance
Corporations can use corporate-owned life insurance policies to fund nonqualified deferred compensation plans. Learn more in this week’s Business Tip.
Stocks Step Up
Indices closed trading with gains on Thursday. Brands climbed higher for a third straight session amid a variety of economic news. Initial jobless claims increased last week.
Your Adviser Should Pay Careful Attention to Your Capital Gains and Losses
Your financial adviser should not only manage your portfolio for investment returns, but for tax efficiency as well. While tax loss harvesting is often considered at the end of the year, this classic strategy can and should be used by advisers throughout the year to help control their clients’ tax liability. By working closely with our clients and their tax advisers, our experts are able to keep in mind other income that could be offset by tax loss selling.
Government-Sponsored Disability Insurance Programs
If you are disabled and unable to work, you may be eligible for a government-sponsored disability insurance program. Learn more in this week’s Insurance Tip.
Brands Rise
Stocks stepped up Wednesday. Brands posted gains on a variety of economic news. Pending homes sales declined at a steeper rate than anticipated in May.
Receiving Cash Tips? The IRS Is Watching
Your cash tips are subject to income, Medicare and Social Security taxes, so they’re a frequent audit item by the IRS. We explain in this week’s Tax Tip.