Health Savings Accounts (HSAs) are tax-advantaged medical savings plans, which can act like both a personal checking and investment account for medical expenses now or in the future. The changes for 2025 increased HSA contribution limits by $150...
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Ready to start the new year focusing on your financial well-being? Here’s a simple month-by-month list to get started and stay on track for 2025. January – Draft a budget. Review last year’s expenses and see where you can...
I watch many economic trends and business issues evolve as a financial professional. The rapid rise of artificial intelligence (AI) during the past year has been remarkable, and it has spotlighted the fast-paced decision-making in the US tech industry....
If you dream of your financial legacy leaving a lasting impact on the world, there’s a way you can make a difference. You can use your Required Minimum Distribution (RMD) to make charitable donations, a strategy that could benefit...
The Federal Reserve meets 8 times a year to discuss raising, lowering, or keeping interest rates the same. The meeting is over two days, the first being a broader discussion by the Fed Committee, which continues into the next...
Social Security recipients received an 8.7% increase in their benefit amounts in 2023, the largest increase since 1981. The next increase will be announced in October and will be much lower this time. Due to average monthly inflation continuing...
Early Environmental Social and Governance (ESG) Investing Twenty years ago, when someone asked for my guidance on choosing an environmentally friendly investment strategy, there were very few choices. One or two companies offered “green” mutual funds that invested in...
A topic we have been discussing in our meetings is the concept of year-over-year inflation. Near the middle of each month, all eyes have been glued to the monthly CPI (Consumer Price Index) and inflation number. At one point...
What to Expect in the Future From the Federal Reserve? The Federal Reserve met this month for their second meeting of the year and raised rates by 0.25%. The Fed will meet 6 more times this year and announced...
“Success seems to be largely a matter of hanging on, after others let go.” – William Feather Winners don’t quit the stock market. Period. Investors always win over the long term. It’s quite easy to see in the chart,...