In 1917 the United States Congress first established a limit on government borrowing to finance the country’s involvement in World War I. The current debt ceiling is set at $31.4 trillion1 and has been raised to accommodate the government’s growing debt obligations over time. In fact, it has been raised.
Have you thought about the expenses you might have once you retire? Some expenses might be lower, especially if the house is paid off and the kids have grown and flown the nest. But others could be higher. No matter how healthy you are, your health care costs could be.
People who are serious about improving their physical health know that it requires effort and a series of small steps taken over time. It’s much the same with improving your financial health. Here are some steps that can take you closer to achieving financial wellness. Spend Less than You Earn.
Considerations for making one of the most important financial decisions of your post-work life When it comes to retirement planning, a key decision everyone has to make is how and where they plan to live. Whether you are paying a mortgage or monthly rent, selling a home or buying a.
2022 was an exciting year filled with many fascinating insights. Here we have compiled our 10 most popular blogs from 2022. 1. 4 Common Types of Trusts Compared (Pros & Cons) When organizing your estate plan, many consider creating a trust. A trust is a common alternative or companion to.
The SECURE 2.0 Act of 2022 (“SECURE 2.0”) is chock-full of provisions – 92, in fact – aimed at improving Americans’ preparedness for retirement. Like SECURE Act 1.0 (passed December 2019), this latest round of legislation provides workers with greater access to retirement plans and further encourages retirement savings. This.
The full version of Market Point, our quarterly market commentary and overview of economic conditions, is now available. Click here to read the full version of Market Point to learn more. Don’t miss out on the latest financial news & insights from our team! When you sign-up for our monthly.
Key Observation Our 2021 outlook was optimistic as the proverbial economic doors swung open as COVID eased. Our 2022 outlook, moved in the other direction, calling for volatile markets based on (among other factors) persistent inflation, the Fed stepping on the economic breaks and market valuations and expectations set for.
The recent collapse of cryptocurrency exchange FTX and its trading arm affiliate, Alameda Research, highlights the importance of performing thorough due diligence prior to making an investment. In 2017, Sam Bankman-Fried founded Alameda Research, a quantitative trading firm specializing in cryptocurrencies. He subsequently founded FTX, a cryptocurrency exchange, in 2019..
Signs of peaking inflation and the potential for central bank moderation in 2023 pushed equity markets higher in November. Market Recap Risk assets extended the October rally into November, continuing to claw back returns from lows earlier in the year. Investor sentiment swung 180 degrees as economic data showed signs.
The La Crosse Area Chamber of Commerce and area businesses have partnered for the first Young Professional Awards to celebrate current and upcoming leaders in the La Crosse area. The following awards were open for nominations: One of Trust Point’s values as an organization is supporting growth and development. To.
The average person will work for twelve different organization throughout their career. If each employer –even if far fewer than the average–offers a 401 (k) plan, then this movement throughout a career can lead to a variety of 401 (k) accounts with a variety of different 401 (k) providers sprinkled.
In order to provide excellent service to all our customers, including those with disabilities, Trust Point’s website strives to provide an accessible experience for users of all abilities. If for any reason you are having difficulty navigating our website, please call 800-658-9474 or email [email protected]
