The largest increase in Social Security in almost 4 decades is around the corner. What does this mean and is it going to happen? Chris: You’re listening to On The Money, presented by the Certified Financial Group right here on WDBO 107.3 FM and AM 580 Orlando’s News and Talk. And those phone lines are […]
On The Money Transcript | July 31, 2021 Read More »
The Markets (as of market close July 30, 2021) Equities retreated last week despite strong corporate earnings data. European and Asian stocks slid following China’s regulatory crackdown aimed at large tech companies. Although corporate earnings generally have been solid, last Friday’s lower-than-expected earnings results from some heavily weighted megacaps may have caused some uncertainty about
MARKET WATCH: AUGUST 2, 2021 Read More »
The first half of 2021 is behind us. As life emerges from the pandemic to a “new normal,” a mid-year financial checkup may be more important than ever this year. Here are some ways to make sure that your financial situation is continuing on the right path. Reassess your financial goals At the beginning of
Mid-Year Is a Good Time for a Financial Checkup Read More »
The Markets (as of market close July 23, 2021) Last week proved to be a choppy one for stocks. The week began with stocks trending lower on news of a spike in the number of coronavirus cases. However, strong corporate earnings reports helped support the perception that the economy is continuing to advance, despite the
MARKET WATCH: JULY 26, 2021 Read More »
The Future of Retirement Savings Offering a savings plan is a key benefit for employers to attract and retain top talent and a valuable asset for employees to build their nestegg. Through the SECURE Act, unrelated employers of any size can participate in a competitive and affordable plan – the Pooled Employer Plan (PEP) –
401(k) for Small Business Read More »
If you have qualifying children under the age of 18, you may be able to claim a child tax credit. (You may also be able to claim a partial credit for certain other dependents who are not qualifying children.) The American Rescue Plan Act of 2021 makes substantial, temporary improvements to the child tax credit
Child Tax Credit for 2021: Will You Get More? Read More »
How the Social Security Administration calculates COLA increases has become a topic of debate. Inflation is always a concern for retirees, which is why Social Security builds in cost of living adjustments each year. This past year, Social Security beneficiaries are facing an unusual situation: With Covid-19 lockdowns last spring and summer, economic activity in
With inflation spiking, will Social Security be able to keep up? Read More »
The Markets (as of market close July 16, 2021) Stocks suffered their worst week in quite some time, as each of the major indexes ended the week lower. Last week was the start of the second-quarter corporate earnings reporting period. Attention will be paid to reported earnings to gauge whether corporate profits can support equity
MARKET WATCH: JULY 19, 2021 Read More »
If you pay attention to financial news, you are probably seeing a lot of discussion about inflation, which has reared its head in the U.S. economy after being mostly dormant for the last decade. In May 2021, the Consumer Price Index for All Urban Consumers (CPI-U), often called headline inflation, rose at an annual rate of 5.0%,
Should You Be Concerned About Inflation? Read More »
The Markets (as of market close July 9, 2021) The holiday-shortened week can best be described as volatile. Some observers suggest investors may be retreating from stocks over uncertainties surrounding the pace of economic recovery coupled with easing inflation expectations. For much of the week, stock values road a roller-coaster ride of ups and downs,
MARKET WATCH: JULY 12, 2021 Read More »
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