Should we cheer if third-quarter 2020 GDP numbers are the best in history? Remember back in late May when the Commerce Department reported that our U.S. economy shrank at an even faster pace than previously estimated in the first quarter of 2020 and consensus expectations suggested that the second quarter of 2020 would be far …
\”STOCK MARKETS LOSE GROUND AS JOBLESS CLAIMS CREEP UP WHILE JUNE\’S NEW HOME SALES SURGE 13%\” Weekly Market Update – July 27, 2020 The U.S. stock markets reversed course this week and ended down, except for NASDAQ which ended down for the second week in a row, but not before hitting a new high early …
STOCK MARKETS LOSE GROUND AS JOBLESS CLAIMS CREEP UP… Read More »
SMALL CAPS HAVE A BIG WEEK AS NASDAQ TAKES A BREATHER AND 2Q EARNINGS SEASON KICKS OFF WITH THE BIG BANKS Weekly Market Update — July 20, 2020 This week saw a reversal of roles, as NASDAQ dropped 1.1% while the other major markets turned in green numbers The smaller–cap Russell 2000 jumped 3.6% on …
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Thrive Financial Services Speaker 2: Saving for retirement is a great start, but it\’s what you do with this money that really matters. What\’s your strategy to reduce taxes, generate income in retirement, reduce your risk and get even more from Social Security? This is where you can count on straightforward and objective …
Due to the coronavirus pandemic, the due date for making contributions to an IRA for the 2019 tax year has been pushed back from April 15 to July 15, 2020. Good news for retirement savers: The maximum amount that can be contributed to a traditional IRA increased by $500 for 2019. It’s the first increase …
How Much Can You Contribute to a Traditional IRA? Read More »
MARKETS MOSTLY UP THIS WEEK AS NASDAQ LEAPS TO ANOTHER RECORD HIGH Weekly Market Update — July 14, 2020 The large–cap U.S. stock markets turned in solid performance on the week, with the S&P 500 advancing 1.8% and the DJIA moving up 1.0% The smaller–cap Russell 2000 Index dropped 0.6% on the week in stark …
[fusebox_track_player url=\”https://soundcloud.com/livewiththrive/5-proven-steps-to-achieve-financial-independence\” social_linkedin=\”true\” social_email=\”true\” ] Joe Krause: We say good morning on this 4th of July weekend. Welcome into Roadmap to Retirement, the radio show, we start with a question. What if you forgot about the whole idea of retirement? What if you stop thinking about it as some sort of finish line or that …
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MARKETS SURGE HEADING INTO THE THIRD QUARTER AS PENDING HOME SALES JUMP AND UNEMPLOYMENT FALLS Weekly Market Update — July 6, 2020 The major stock markets in the U.S. rose on the holiday-shortened week to erase more than last week\’s losses as Wall Street rode the momentum into the beginning of the third quarter For …
Pending Home Sales Surge, Unemployment Drops & More Read More »
[fusebox_track_player url=\”https://soundcloud.com/livewiththrive/5-keys-to-getting-more-income-from-social-security\” social_linkedin=\”true\” social_email=\”true\” ] Joe Krause: And welcoming everyone to Roadmap to Retirement, the radio show. Thank you so much for being here along with David Bezar, Karen Bezar and Bret Elam. I\’m Joe Krause. We join you for another week. One week away from the holiday weekend, and I know we …
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COVID-19 Pushed 2019 Tax Deadline to July 15th Higher 401(k) limits, stimulus payments, COVID-19 distributions and more COVID-19 caused the Treasury Department and the Internal Revenue Service to extend the 2019 federal income tax filing deadline from April 15, 2020, to July 15, 2020. That means that taxpayers could defer federal income tax payments, without …