Can the U.S. economy dodge a recession? The labor market may hold the key, as Conor Sen writes for Bloomberg News • Making a mistake with your IRA can prove costly. Michael Aloi tells investors how to easily avoid three of the most common ones • Don’t let student loan forgiveness change your college investments. The head of college savings for J.P. Morgan explains how to make the most of your investments with a 6-point action plan.
A Recession Suddenly Looks Like It Can Be Avoided — Higher interest rates are no doubt causing pain to investors and consumers, but the economy has been able to handle them better than anyone thought possible six months ago. The worst-case fear was that the Federal Reserve would move too aggressively to correct inflation. However, last week’s steady jobs report should now put those fears to rest. Read more…
3 IRA Mistakes That Are Potentially Costly, Yet Simple To Avoid — Consider the fact that the penalty for missing a required minimum distribution could be 50% of the amount not withdrawn! Certified Financial Planner Michael Aloi describes how to avoid three of the most common errors investors make. Read more…
Big Changes For College Investors — Investors shouldn’t allow the new student loan forgiveness measures to derail their college savings. Statistics show that families with a college investment plan save twice as those without one. The head of college savings for J.P. Morgan offers a 6-point action plan for investors. Read more…
John R. Day, Bill Ennis, and Matt Heller