News & Information
The Coronavirus Effect on the Financial Markets
In your investing lifetime, you may only see a situation like the recent novel coronavirus (COVID-19) a few times. This is a circumstance where complete candor is necessary. The truth is that we can’t yet gauge the full economic impact, and by the time we can, the...
That First Distribution from Your IRA
That First Distribution from Your IRA What you need to know. Provided by Brower Financial Group When you are in your seventies, Internal Revenue Service rules say that you must start making withdrawals from your traditional IRA(s). In I.R.S. terminology, these...
Weekly Economic Update – Feb 3, 2020
Weekly Economic Update In this week’s recap: coronavirus concerns ripple through global stock markets; the Fed makes a slight monetary policy adjustment; consumer confidence rises; the government makes its first estimate of fourth-quarter growth. Provided by Brower...
Measuring the Value of a Financial Advisor
Measuring the Value of a Financial Advisor One study asserts that these relationships can make a difference for investors. Provided by Brower Financial Group What is a relationship with a financial advisor worth to an investor? A 2019 study by Vanguard, one of the...
Tremendous Gains Since 2009
Tremendous Gains Since 2009 A look at where stocks were in 2009 and how they have performed since. Provided by Brower Financial Group. Where were you on March 9, 2009? Do you remember the headwinds hitting Wall Street then? When the closing bell rang at the New York...
Economic Update – January 2020
Monthly Economic Update In this month’s recap: As 2019 ends, the U.S. and China agree to a phase-one trade deal, and stocks, gold, and oil all advance. THE MONTH IN BRIEF Stocks rallied in December, closing out a decidedly positive year on Wall Street. The S&P 500...
New I.R.S. Contribution Limits for 2020
New I.R.S. Contribution Limits for 20202 The I.R.S. just increased the annual contribution limits on IRAs, 401(k)s, and other widely used retirement plan accounts for 2020. Here’s a quick look at the changes. *Next year, you can put up to $6,000 in any type of IRA....
Establishing Good Credit in College
After you get that first card, how can you manage your FICO score? Provided by Brower Financial Group Good credit may open doors. It is vital to securing a loan, a business loan, or buying a home. When you establish and maintain good credit in college, you create a...
Annual Financial To-Do List
Things you can do for your future as the year unfolds. What financial, business, or life priorities do you need to address for the coming year? Now is a good time to think about the investing, saving, or budgeting methods you could employ toward specific objectives,...
Economic Update – November 4
In this week’s recap: stock indices again set records, the Fed makes its third rate cut of the year, October’s employment report is a nice surprise, and U.S. and Chinese trade negotiators make some progress. Weekly Economic Update Presented by Brower Financial Group,...
Overlooked Tax Deductions for Small-Business Owners
Being a small-business owner isn’t easy. After all, balancing payroll, managing employees, drawing up marketing plans, and handling the bookkeeping can be stressful! Luckily, the Internal Revenue Service (I.R.S.) allows small-business owners to take some surprising...
A Retirement Fact Sheet
Some specifics about your “second act.” Does your vision of retirement align with the facts? Here are some noteworthy financial and lifestyle facts about life after 50 that might surprise you. Up to 85% of a retiree’s Social Security income can be taxed. Some...