Weekly Market Commentary for April 29 – May 3, 2024

Week In Review Last week, markets finished up again for the second week despite negative news on the inflation and economic demand. The S&P 500 was up 0.55% The Dow Jones Industrial Average increased by 1.14% The tech-heavy Nasdaq Composite led broad equity...

WEEKLY MARKET COMMENTARY APRIL 22-26, 2024

WEEK IN REVIEW Last week, Q1 gross domestic product (GDP) and personal consumption expenditures (PCE) numbers were center stage as markets finished up after a volatile week: The S&P 500 was up 2.67% The Dow Jones Industrial Average was positive by 0.67% The...

Converting a 529 College Savings Plan to a Roth IRA

April 15th is just around the corner, and you know what that means… Tax Day is coming! While it seems that most of us don’t exactly look forward to Tax Day, it’s not all bad news. In fact, with SECURE Act 2.0, many changes were made that could benefit US taxpayers.  I...

SECURE 2.0 Breakdown

On December 23, Congress passed the Consolidated Appropriations Act of 2023.  This is what’s known as an “omnibus spending bill”.  (The word omnibus means that multiple measures were packaged into a single document.)  The bill authorizes $1.7 trillion in government...