We warned you! Tax laws do change, and we’re approaching what could be a BIG change. Thankfully there is still time and moves to make that may reduce your 2017 tax bill. Read all about it in this week’s Tax Tip.
Indices closed out mildly mixed on Wednesday. The Dow and Nasdaq posted gains on policy commentary from the Federal Reserve meeting while the S&P 500 landed slightly in the red zone. As anticipated, the Federal Open Market Committee lifted the target range for the fed funds rate by 25 basis points to 1.25% to 1.5%.
Indices closed at new record heights on Friday. Brands such as Microsoft and Electronic Arts ticked up on stronger-than-expected jobs data for November. Department of Labor figures showed U.S. employers added 228,000 jobs last month. The results exceeded estimates of 190,000.
In todya’s Marietta Daily Journal, Bil Lako, CFP®, explains how you have to understand what you’re protecting before you buy a souped-up insurance policy to cover it. Spoiler Alert: It starts with your financial plan! Read the Article
If you find that you still have money left over in your FSA as the end of the year approaches, there are a number of ways to spend down your account balance. We explain in this week’s Insurance Tip.