While today's hot button issues might be rising interest rates and inflation, these are not a new concerns. In fact, a 1979 BusinessWeek article entitled "The Death of Equities" pronounced the stock market dead due to high inflation. As it turned out, the 1980s would be tremendous decade for the US stock market. Unfortunately...(continued)
In 1916, nine cents would buy a quart of milk. Fifty years later, nine cents would only buy a small glass of milk. This erosion of the real purchasing power of wealth is called inflation. Inflation is an important element of investing. In many cases, the reason for saving today is to support future spending. Therefore, keeping pace with inflation is a crucial goal for many investors...(continued)
The difference between financial advisors who offer a fiduciary standard vs. advisors who offer a suitability standard can be thousands of dollars of unnecessary product fees, commissions, and other opportunity costs resulting from conflicts of interest...
The Kansas Department of Revenue has officially ruled that the Kansas tax code will reflect the federal tax reform changes that allow families to use 529 Education Savings Accounts to fund K-12 private education...
Assuming tax reform changes occur in 2018, what tax planning strategies should you take advantage of before year-end?
Last Thursday the IRS announced that the 401(k) contribution limit for 2018 will increase from $18,000 to $18,500 — the first time the limit has increased since 2015. The new limits also apply to 403(b)s, most 457 plans and the federal government Thrift Savings Plan (TSP)...