JUNE 2023

There may never be a better time to create a retirement plan.  Businesses have new incentives to help their employees plan for retirement plans thanks to Secure 2.0, a sweeping retirement reform bill signed into law late last year.  Our first article below outlines some options to consider while creating a new plan. Give us a call if you have any questions or would like to discuss further how we might help you with your financial planning.

Inflation has cooled but the Federal Reserve remains guarded. Those forces are causing volatility in the financial markets as sentiment is whipsawed from bull to bear. Janney’s Mid-Year Market Update will address 'What’s Next for the Economy and Markets'?  Our strategists share their views as to how that gets resolved and what investors need to know. If interested in joining this June 21 webinar, you can register here.

With interest rates soaring, cash investments can post meaningful returns, driving some of the highest interest payouts in recent years. This is the perfect time to make a case for why building an emergency fund is essential in high- and low-interest rate environments. Our second article reviews the benefits of using this as part of your planning. 

This month's "What's Happening Now" section shares interesting stories on a Frank Lloyd Wright home just listed for $8 million, Bill Gates comments on how A.I. could kill Google Search and Amazon as we know them, and how a former soldier who lost both legs is making history on Mt. Everest.

We'd like to hear from you. Please feel free to contact us by phone at 614-888-2121, toll-free 877-389-2121 or email [email protected] with any questions or comments. 

There may never be a better time to create a retirement plan

Businesses have new incentives to help their employees plan for retirement plans thanks to Secure 2.0, a sweeping retirement reform bill signed into law late last year. The incentives, which include tax credits, are especially attractive to businesses with 50 or fewer employees, and these are the firms least likely to currently offer retirement investment accounts.

Why cash is king for emergency funds and queen for short-term savings

With interest rates soaring, this is the perfect time to make a case for building an emergency fund. An emergency fund is a cash cushion of roughly three to six months of living expenses. Simply keeping your cash in a checking account will not do much for you, and a regular savings account is not much better.

What's Happening Now

$8 Million Frank Lloyd Wright Home in Connecticut Comes With Its Own Waterfall

Bill Gates says A.I. could kill Google Search and Amazon as we know them

Former soldier who lost both legs in Afghanistan makes history on Everest

Market Update

The markets in May were marked by ongoing volatility. Inflation, questions over the direction of monetary policy, and slower liquidity growth impacted equities. The ongoing debt ceiling negotiations cast a cloud over financial markets for much of May. Investors worried about the ramifications of inaction as the June 5 deadline loomed. Even after the president and House speaker reached an agreement toward the end of May, concerns persisted over whether Congress would pass the bill to lift the $31.4 trillion U.S. debt ceiling.