Whether you’re in the market for a new house, a car, appliances or furniture, it’s a tricky time to buy. Inflation is sitting at about 8.26 percent, which is still much higher than the 2 percent the Federal Reserve typically aims for. Inventory is still low across several industries. And there are some indicators that […]
2022 Account Limits and Changes
Before the year wraps up, there are some accounts you can still contribute to. Certain accounts can even reduce your tax burden, so it’s worth looking into before 2023 comes. Here is an overview of important account limits, and how long you have to make contributions: 2022 Account Limits: Health Savings Account During open enrollment, […]
Biden’s Student Loan Debt Relief Plan: What You Need to Know
The Biden administration’s student loan forgiveness plan will forgive up to $20,000 in debt for millions of federal loan borrowers. Does this plan apply to you or your family? Let’s take a closer look at the plan and what it entails: The Student Loan Debt Relief Plan: Who is eligible? The student loan relief plan […]
Should You Invest in Emerging Markets?
Emerging markets are countries that are becoming more globally engaged as they develop. Right now, some of those emerging markets include India, Russia, China, Mexico, Pakistan, Saudi Arabia, and Brazil. Some investors are hesitant to include these markets in their portfolios because of global tensions and market uncertainty. Over the past 10 years, emerging markets […]
Federal Reserve Rate Hike: How the Markets & Economy are Responding
At the end of July, the Fed hiked rates another 0.75 percentage points in an attempt to curb inflation. The markets handled the increase well, but there is a concern about what continued rate hikes could mean for the economy. Here is a look at what has happened so far this year, and what the […]
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