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LPL RESEARCH PRESENTS outlook 2022- From Hand Up to Hand Off
The U.S. economy bounced back from its worst year since the Great Depression in 2020 with one of the best years of growth in nearly 40 years in 2021. A combination of record stimulus, a healthy consumer, an accommodative Federal Reserve (Fed), vaccinations, and reopening of businesses all contributed to a big year in 2021.…
Read MoreMore 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…
Read MoreLPL 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…
Read MoreOur 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
Read More36,000 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…
Read MoreLPL 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…
Read MoreIs 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…
Read MoreCOVID 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…
Read MoreManaging Your Retirement Plan When Switching Jobs
Changing jobs can impact your retirement plan. To minimize disruptions to your contributions and the vested portion of your previous employer’s contributions, it’s important to understand the choices you may have when you make a career transition. We offer the following key considerations: Option 1: Stay Your previous employer may allow you to keep the…
Read MoreInvesting for the Future
For years, you’ve diligently invested in your retirement portfolio, accumulating wealth that you hope will sustain you throughout your Golden Years. To help see that your assets are sufficient to help you support your lifestyle standards, there are important steps that you can take. We offer an overview below: Perform regular assessments While you may…
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