Our economy doesn’t revolve around a single issue – but in December, it almost seemed as if it did. Households, businesses, economists, financiers, journalists and politicians all worried that America would fall off the “fiscal cliff” come January 2. In the wake of the crisis, stocks showed remarkable resilience – the S&P 500 actually gained 0.71% in December. Read more in our January economic update.
Now that the fiscal cliff deal assembled in Congress is becoming law, it is time to look at some of the tax law changes that will result. Here are the major details in the bill.
A “SmartMoney” comparison may show you how your family would be affected by the fiscal cliff. Also in this issue some Social Security claiming strategies. Read more in our December newsletter.
Anxiety was prevalent, yet the S&P 500 managed to gain 0.29% for the month of November. The latest economic indicators were encouraging enough to distract investors from worries about 2013. Read more in our December economic update.
On Friday, December 14, Symphony Financial participates Jeans Day 2012 to make a contribution to the Fairfax-Falls Church Community Partnership to Prevent & End Homelessness!