Whether the UK votes to exit or stay in the European Union on June 23, “Brexit” poses a major risk for world markets. The Global Chief Investment Strategist for BlackRock explains. Here at home, there’s good news for Georgia families saving for college. The Buzz covers the new legislation on tax deductions for those filing jointly. Many investors remain unsure how the Department of Labor’s new fiduciary rule will affect them and their retirement accounts. Kiplinger details eight points about the rule that you should know.

Bracing for Brexit–  “We see the June 23 UK referendum on whether to remain in the European Union (EU) as a major risk for global markets,” says Richard Turnill, Global Chief Investment Strategist for BlackRock.  The vote’s outcome is highly uncertain, with global risk assets vulnerable under a British-exit (Brexit) scenario. Read more…

New Georgia Law Doubles Tax Deduction For Path2College 529 Plan–  Governor Nathan Deal signed legislation that will double the state tax deduction for families filing a join tax return for contributions made to the Path2College 529Plan. Beginning with returns filed in 2017, joint filers are eligible to deduct up to $4,000 per beneficiary, per year, giving families even more advantages to saving for education-related expenses. Contributions up to $2,000 per year, per beneficiary remain deductible for those who file single or head of household. Read more…

8 Things You Must Know About The New Fiduciary Rule–  Today, brokers and insurance agents are generally not required to put their clients’ interests first when recommending investments.  By contrast, registered investment advisers (RIAs), another class of financial professionals, are always required to put clients’ interests first.  Because of that, it can be difficult for the average investor to glean whether a financial professional is offering objective advice with no financial interest or is acting more like a salesperson. Read more…

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