More employers put 401(k) savings on autopilot

PUBLISHED TUE, DEC 28 202112:58 PM EST Greg Iacurci@GREGIACURCI KEY POINTS About 62% of businesses with a 401(k) automatically enroll workers into the retirement plan, according to the Plan Sponsor Council of America. 2020 was the first year employers most commonly used a 6% “deferral” rate, rather than 3%. Automation comes as many workers feel…

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LPL RESEARCH PRESENTS Outlook 2022- Passing the Baton

Our resurgent economy grew at over a 6% pace in the first half of the year and is on track for 5% growth for the year when 2021 draws to a close. The current economic recovery, which started in May 2020, benefited from widespread vaccine availability and additional fiscal stimulus. While the economy continues to…

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Our 10 Year Anniversary

We are celebrating 10 years in business. Check out our November newsletter in the link below to read our statement of gratitude dedicated to our clients! https://conta.cc/2YBTNTe

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36,000 Reasons To Be Thankful

Posted by lplresearch Wednesday, November 3, 2021 The Dow Jones Industrial Average started trading more than 125 years ago and yesterday it closed above 36,000 for the first time ever. Along the way, the S&P 500, Nasdaq, and Russell 2000 (small caps) all closed at new all-time highs as well. “We understand all of the worries. Labor…

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RETIREMENT How Long Will Your $1 Million Last In Retirement?

PAUL KATZEFF 07:00 AM ET 10/07/2021 Congratulations! Your retirement planning paid off. You built a $1 million retirement nest egg. In fact, 753,600 IRA and 401(k) accounts overseen by Fidelity Investments had balances of $1 million or more as of June 30. So it’s certainly doable. But how long will $1 million last in retirement?…

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LPL Street View: A Key to Fighting Inflation Is in the Palm of Your Hand

Posted by lplresearch Market Blog Thursday, August 26, 2021   Phones certainly aren’t just for making calls anymore, but how many see the power in the palm of their hand as an enduring weapon in the battle against inflation? Through our phones and devices, consumers now have the power of near perfect price discovery as well…

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Is your child considering trade school? Tap into your 529

August 04, 2021 Is your child looking for ideas for the future but not sold on college? Did you know that there are hundreds of job opportunities that don’t require a traditional degree? What’s more, you can use tax-free distributions from your 529 account to pay for your student’s qualified educational expenses. 529 plans may…

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COVID Update: Delta Variant Market Impact

The highly transmissible Delta variant of COVID-19 now makes up an overwhelming majority of the new cases in the U.S., bringing with it a rise in cases and hospitalizations. Widespread vaccine distribution and distancing measures have helped limit the variant’s impact, but we could still see some drag on economic growth as some restrictions are…

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