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Investment |
http://www.allengyee.com/category/investment
A Third Week of Equity Losses. May 23, 2016 The benchmark S&P 500 rose on Friday, rebounding from a seven-week low on Thursday and finished the week fractionally higher, snapping a three-week losing streak. Gains on Friday were led by strength in technology, particularly among chipmakers which, as a group, rose the most since January. The week was marked by mostly […]. By Allen G Yee •. Bull; Tags: Weekly Vantage Point. Artistic Genius Financial Flop. By Allen G Yee •. Bull; Tags: financial planning.
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How much can I contribute to my IRA in 2015? |
http://www.allengyee.com/how-much-can-i-contribute-to-my-ira-in-2015
How much can I contribute to my IRA in 2015? Income phaseout range for deductibility of traditional IRA contributions in 2015. Covered by an employer-sponsored plan and filing as:. 61,000 – $71,000. 98,000 – $118,000. 0 – $10,000. Not covered by an employer-sponsored retirement plan, but filing joint return with a spouse who is covered by a plan. 183,000 – $193,000. Income phaseout range for ability to contribute to a Roth IRA in 2015. 116,000 – $131,000. 183,000 – $193,000. 0 – $10,000. Bull; Tags: ira.
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A Month in Review: February 2015 |
http://www.allengyee.com/a-month-in-review-february-2015
A Month in Review: February 2015. After a disappointing January, equities rebounded in fine style in February. The S&P 500 and Russell 2000 hit new all-time highs, and the S&P had its strongest month since October 2011. The Nasdaq continued to be the strongest year-to-date performer, while a temporary bailout extension for Greece helped benefit the Global Dow. The Month in Review. The US. economy added 257,000 jobs in January, and the Bureau of Labor Statistics figures for jobs created in November an...
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Between the Lines -May 2015 |
http://www.allengyee.com/between-the-lines-may-2015
Between the Lines -May 2015. Here’s what we’re reading…. Why US. GDP Can Still Grow 3.5%. Despite the U.S. economy’s poor first-quarter growth, this article from Barron’s supports the case that 2015 will prove to be the best year for the economy since the expansion began in mid-2009. It argues that severe winter weather and the slowdown at West Coast ports created transitory headwinds and a spring snapback looks quite likely. Europe’s Economic Growth Forecast is Forecast Up. First Allied Asset Management...
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Politics and Social Security |
http://www.allengyee.com/politics-and-social-security
Politics and Social Security. By Allen G. Yee. The answer is slowly with incremental trajectory changes. I have long said, and believe that the elimination of or sudden, massive changes to Social Security are extremely remote. There are many reasons for this, but one of the primary reasons is the simple nature of politics. I believe it to be political suicide to propose to Americans a plan to cut , lower , reform Social Security. Interestingly, an article was written today discussing that presidential ca...
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Social Security Changes |
http://www.allengyee.com/tag/social-security-changes
2016 Social Security Changes. By Allen G. Yee If you have ever spoken to me regarding a comprehensive strategy for retirement and finances, you’ve probably heard me say, “there is no magic bullet that will solve everything.” And while all of us may wish there were, my philosophy is that there are many incremental aspects of retirement and financial […]. By Allen G Yee •. Bull; Tags: 2016 Social Security Changes. Politics and Social Security. By Allen G Yee •. Bull; Tags: Politics. Social Security in 2013.
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A Month in Review: Quarterly Edition- January-March 2015 |
http://www.allengyee.com/a-month-in-review-quarterly-edition-january-march-2015
A Month in Review: Quarterly Edition- January-March 2015. Chart reflects price changes, not total return. Because it does not include dividends or splits, it should not be used to benchmark performance of specific investments. After 3 months of falling consumer prices, consumer inflation turned up 0.2% in February. The Bureau of Labor Statistics said energy, food, and housing costs all contributed to the monthly increase, which left the inflation rate over the last 12 months essentially flat. China cut i...
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Social Security |
http://www.allengyee.com/tag/social-security
Social Security and Medicare Trustees Reports Highlight Financial Outlook. Recently, Social Security and Medicare Trustees released their reports on the current and predicted financial outlook on their trust funds. The 2016 reports project a slight adjustment to the Social Security cost-of living and Medicare premium increases for 2017. Click on the following links to read more about the Trustee Reports: Social Security: Summary of […]. By Allen G Yee •. Bull; Tags: social security. By Allen G Yee •.
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Special Needs Trusts |
http://www.allengyee.com/special-needs-trusts
A special needs trust* (SNT), sometimes referred to as a supplemental needs trust, is a trust that is established to benefit a disabled person or a person who has special needs, while still allowing that person to qualify for and receive government health-care benefits. There are costs and expenses associated with the creation of a trust. There are three types of SNTs: a self-settled or first-party SNT, a pooled SNT, and a third-party SNT. Self-settled or first-party SNT. Furthermore, any funds remaining...
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