Will the Fed turn dovish after another rate hike today? Economists, strategists, investment officers and other market pros share their opinions on whether the Federal Reserve will pivot after their next hike • This is the ideal time to review your tax strategy. The Schwab Center for Financial Research provides a checklist for year-end tax planning that can save you money • An inherited IRA can come with a hefty tax bill. Fortunately, there are ways to minimize the tax burden, as Sandra Block explains for Kiplinger.
What Happens After The Next Fed Rate Hike? — Experts say another 75 basis point (a basis point equals 0.01%) rate hike is all but in the books when the Fed concludes its regularly scheduled two-day meeting on Wednesday. What happens after that? Here’s what economists, strategists, investment officers and other market pros have to say. Read more…
Year-End Tax Planning Checklist — Now is an ideal time to consider year-end tax planning strategies to potentially reduce your taxes and help you achieve your long-term financial goals. Here’s a year-end tax- planning checklist from Schwab that can save you money on your 2022 taxes. Read more…
Minimizing Taxes When You Inherit Money — If you inherit an IRA from a parent, taxes on mandatory withdrawals could leave you with a smaller legacy than you expected. Kiplinger‘s Sandra Block explains how you can minimize the tax bill that comes with your inheritance. Read more…
John R. Day, Bill Ennis, and Matt Heller