Mar 22, 2022 | Financial Planning
Big swings in lumber futures prices are preventing traders from laying bets, giving them time for other things; ‘Gone fishing’ Lumber futures are on another wild ride, but trading them has gotten pretty boring. Bored of trade In 25 of this year’s 35 trading sessions,...
Mar 18, 2022 | Financial Planning, Retirement Planning
Total number collecting unemployment benefits through state programs falls to lowest level since 1970 Help wanted sign at a New York City restaurant last month. Continuing claims for jobless benefits are at the lowest level since 1970. PHOTO: LEVINE-ROBERTS/SIPA...
Mar 15, 2022 | Financial Planning, Investments, Taxes
Governor Michelle Bowman calls for ‘prompt and decisive action to lower inflation’ Michelle Bowman speaking at a Fed Listens event in Washington, D.C., in 2019; Ms. Bowman says she expects ‘uncomfortably high inflation’ will persist through the middle of 2022....
Mar 1, 2022 | Financial Planning, Retirement Planning
KEY POINTS Using the modified tables should be generally straightforward for most account owners, although there are a couple of situations that may be trickier this year. One of those instances involves anyone who delayed their 2021 withdrawal until this year under...
Feb 1, 2022 | Financial Planning, Retirement Planning, Taxes
KEY POINTS You can funnel $20,500 into your 401(k) plan for 2022, up from $19,500 from 2021. Boosting your contribution rate now offers more time for growth, and may make it easier to meet yearly goals. But you need to know how your company’s 401(k) match works before...
Jan 18, 2022 | Financial Planning
here’s what you need to do MilosStankovic | E+ | Getty Images People have the best of intentions. At the start of a new year, millions make resolutions — goals they want to reach throughout the upcoming months. Getting a handle on money issues is usually near the top...