Is the Federal Reserve pushing the U.S. into a recession? As they raise interest rates to lessen inflation, the markets are reacting to the increased risk. Schwab’s Research Center advises investors how to avoid significant losses. Joe Namath may be the biggest threat to your retirement. He’s featured in ads leading seniors into disadvantageous Medicare Advantage plans. Melinda A. Caughill explains how to avoid a costly trap. Governor Kemp just signed a bill that provides a $75 million tax break for Georgians. James Salzer describes how to qualify.
Stock Market Volatility: Schwab’s Quick Take — U.S. stocks suffered another day of losses Monday, as the market continued to weigh the risk that the Federal Reserve’s aggressive anti-inflation campaign could push the economy into recession. There are steps you can take now to avoid major losses in these volatile markets. Read more…
Why Joe Namath May Be The Biggest Threat to Your Retirement — Relentless ads in TV shows that seniors watch feature celebrities like Joe Namath telling them they’re missing out on “important new Medicare benefits. And, to act now “before it’s too late!” This is leading them into disadvantageous Medicare Advantage plans that can deplete their retirement savings. Read more…
Kemp Signs $75 Million In Tax Breaks For People Who Donate To Police — Gov. Brian Kemp on Monday signed a measure into law creating a state tax credit allowing Georgians and corporations to target taxes they would normally pay into the state treasury to support local law enforcement. Read more…
John R. Day, Bill Ennis, Stephanie Hall, and Matt Heller
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