Financial Insights Archives
When Headlines Worry You, Bank on Investment Principles
On Friday, March 10, regulators took control of Silicon Valley Bank as a run on the bank unfolded. Two days later, regulators took control of a second lender, Signature Bank. With increasing anxiety, many investors are eyeing their portfolios for exposure to these and other regional banks. Rather than rummaging through your portfolio looking for…
Read MoreWhat to Look for to Improve Your 401(k) Plan in 2023
As a new year begins, there is often a lot going on through the minds of business owners. How do I reduce business expenses? How can I retain my employees? Is there a way to make my employee’s lives easier?
Read MoreVideo: SECURE Act 2.0: Understanding the Benefits for Retirees
We’re back with the final installment of our SECURE Act 2.0 video series. In our final video, Blaine Carr, CPA, CFP®, AIF®, Senior Wealth Advisor, overviews a few of the more important benefits of SECURE 2.0, including changes to catch-up contributions, 529 education accounts, and new Roth rules for employer 401(k) and 403(b) plans. SECURE…
Read MoreVideo: SECURE Act 2.0: Inheriting an IRA: What You Need to Know
Have you recently inherited an IRA from a parent or someone other than your spouse? Maybe you expect to in the future. There have been some recent developments regarding the SECURE Act that you should be aware of. SECURE Act 2.0: Inheriting an IRA: What You Need to Know Video Transcript: Have you recently inherited…
Read MoreQ4 Market Commentary
Every year on New Year’s Day, I look at Google Trends and reflect on what people searched for during the year. For me, it provides time to reflect on just how many things happened during the year, how fast topics of interest changed, and what kind of information people looked for. In 2021, searches were dominated by…
Read MoreVideo: SECURE Act 2.0: RMD Age Changes for 2023
Are you turning 72 this year or know someone who is? There have been some recent developments regarding the SECURE Act that you should know about. SECURE Act 2.0: RMD Age Changes for 2023 Video Transcript: Are you turning 72 this year or know someone who is? There have been some recent developments regarding the…
Read More401(k) and IRA Contribution Limits for 2023
The IRS has announced the contribution limits for 401(k)s and IRAs for the year 2023. These limits can greatly affect how much you can save for your retirement and the tax benefits you can receive. 401(k) contribution limits for 2023 For 2023, the annual contribution limit for 401(k)s, 403(b)s, most 457 plans, and Thrift Savings…
Read MoreQ3 Market Commentary
The 3rd quarter of 2022 started out strong, with the S&P 500 Index climbing almost 15% from the end of June to the middle of August. Then, the Federal Reserve indicated they might have to be more aggressive with interest rates to respond to the rising inflation numbers. The markets around the globe took this as bad news…
Read MorePursuing a Better Investment Experience
Whether you’ve been investing for decades or are just getting started, at some point on your investment journey you’ll likely have questions regarding how to improve your odds of investing success. Petersen Hastings is here to help. Learn more about the 10 key principles, using data and reasoning, that may help improve your odds of…
Read MoreQ2 Market Commentary
The 2nd quarter of 2022 was mostly negative for stocks and bonds as the markets reacted to the highest inflation rates since the 1980s. The Federal Reserve has responded to the rising inflation numbers by increasing the Federal Funds Rate by 0.5% in May, then another 0.75% in June to set the target rate between…
Read More