by lindapowell | Dec 8, 2021 | Articles, In The News
Is it time to contribute more? Preparing for retirement just got a little more financial wiggle room. This week, the Internal Revenue Service (IRS) announced new contribution limits for 2022. Staying put for 2022 are traditional Individual Retirement Accounts...
by lindapowell | Dec 8, 2021 | Articles, In The News
One lesser-known indicator is called the Baltic Dry Index You see it in prices at the grocery store and the gas station. You feel it in your monthly budget. So why don’t the financial markets seem too concerned about inflation? Remember, financial markets are...
by lindapowell | Nov 3, 2021 | Articles, In The News
Thinking about donating? Think of these choices. The year is winding down, and you may be thinking of giving. In fact, you may want to explore the different ways in which you can donate to a charity or non-profit organization, apart from just making a cash gift....
by lindapowell | Oct 18, 2021 | Articles, In The News
5.9% is the biggest COLA increase in decades On October 13, 2021, the Social Security Administration (SSA) officially announced that Social Security recipients will receive a 5.9 percent cost-of-living adjustment (COLA) for 2022, the largest increase in four decades....
by lindapowell | Sep 14, 2021 | Articles, In The News
The news keeps getting better for Social Security recipients. It’s now projected that benefits will increase 6.1% in 2022, up from the 4.7% forecast just two months ago. That would be the most significant increase since 1983.1,2 It’s all about inflation. Social...
by lindapowell | Aug 9, 2021 | Articles, In The News
The federal government has upgraded its Child Tax Credit (CTC). Thanks to the American Rescue Plan Act, there are four notable differences in effect for the 2021 tax year only.1 First, the Internal Revenue Service is paying many families who qualify for the CTC 50% of...
