Written by Jeff Walker, Financial Planner Retirement Account or Retirement Plan: What’s The Difference? The most widely used and well-known retirement savings plan in the United States is a 401(k) plan. The term \”401(k)\” refers to Section 401(k) of the Internal Revenue Code. These types of plans allow employees to avoid taxation on their income …
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Written by Jeff Walker, Financial Planner Retirement – A New Identity George had been looking forward to retirement. The high pressure of sales and service that came with his job was getting to him, he found getting through the weeks harder and harder. Too many meetings, too much travel, too many changes in technology, too …
written by Erik Schuster CFP®, Financial Planner We have all asked the question, “Where does my tax money go?” While I am not going unravel that very complicated and most likely unfortunate scenario, I am going to introduce a way you can direct your Pennsylvania state taxes. Pennsylvania sponsors two programs that allow taxpayers …
I’m a U.S. Citizen. Where in the World Can I Go? Posted by CopyTeam Are you experiencing longings of wanderlust? Ready for some cultural travel? Unfortunately, the outlook for the United States has changed dramatically, thanks to the uncontained spread of COVID-19 and stalled vaccination efforts. The worst part is that other …
October\’s Beige Book Entries Tackled Everything from Skyrocketing Wages to the Desperate Search for Workers Posted by CopyTeam The Federal Reserve wields a fair amount of power in the U.S., with reverberations that can affect the broader global economy. The Fed’s job is to monitor and adapt monetary policy to support favorable economic …
Some Companies are Absorbing Costs — U.S. Companies Bet Shoppers Will Keep Paying Higher Prices In the Long Run Posted by CopyTeam You may have noticed higher prices on the things you buy regularly, like groceries and gas. However, many consumers may not realize that economic factors such as backed-up supply chains, extreme …
The often-overlooked generation saw robust gains in equities and pension entitlements during the pandemic Posted by CopyTeam Generation X, comprised of adults between the ages of 40 and 55, have entered their prime earning years while at the same time enjoying a bull market for stocks. This demographic represents about a quarter of …
If the current climate has you thinking about early retirement, ask these three questions first Posted by CopyTeam Retiring in your 50s or early 60s during a global pandemic might seem foolish. But if you have a job that can’t be done safely from home, the reality of not retiring early might be even …
Understanding how market forces can influence your assets is the first step toward protecting yourself against potential adverse effects Posted by CopyTeam If you follow the news at all chances are you\’ve heard experts and economists discussing the economy\’s inflation rate. Inflation is a steady rise in the price of goods and services …
Pandemic-related shortages are expected to persist into next year Posted by CopyTeam Throughout the past 60 years, the microchip has influenced the manufacturing of a wide variety of products that touch nearly every consumer these days. From computers to cell phones to cars, the chip is now the most critical and costly component …