Economy & Markets
The important economic and stock market news that advisors need to know.
IRS Announces 401(k) Contribution Limits for 2023
By Melanie WaddellIt also increased phase-out ranges for Roth and deductible traditional IRA contributions.
October 20, 2022
Inflation Haunting Majority of Americans, Few Optimistic It Will ImproveThe majority of respondents in a recent survey have cut costs amid inflation, but half say it's not enough to live comfortably.
October 20, 2022
Jeffrey Levine: 7 Things to Know About Sequence of Returns RiskConfronting this risk requires advanced planning and, potentially, reductions in retiree spending and lifestyle expectations.
October 20, 2022
15 Richest American Financiers and Investors: ForbesNo. 1 should come as no surprise, but have you heard of this 30-year-old crypto billionaire?
October 19, 2022
Top 15 Cities for the Super-WealthyThese cities have the most residents with at least $100 million in assets.
October 19, 2022
Vanguard Funds Leak $3B in Rare Month of Net Outflows"Tumbling equity markets and declining bond prices made some investors head for the exits," Morningstar said.
October 19, 2022
Millennial and Gen Z Wealth Grew by 25% in 2021: CerulliYounger investors are eager for comprehensive financial advice and are willing to pay for it, Cerulli reports.
October 19, 2022
13 New Tax Numbers to Know for 2023The IRS' inflation adjustments affect tax brackets, estate and gift taxes, and health insurance-related deductions, among others.