By Kevin Theissen You may have heard that the Biden administration announced it was forgiving five-figure loan amounts to as many as 43 million federal college loan borrowers. Also noteworthy was the announcement that it would be extending its loan repayment […]
Tag: By Kevin Theissen
Column, Money Matters
Markets find footing in July
By Kevin Theissen After a down first half of the year in markets, July changed direction, as markets tried to reestablish its foundation. In July, the S&P 500 was up 9.1%, Nasdaq up 12.3%, and the Dow up 6.7%. These returns […]
Column, Money Matters
Fed’s solution to inflation
By Kevin Theissen The Federal Reserve has been dealing with the worst inflation in over four decades. Investors, consumers, and workers are also feeling the sting of higher prices. High inflation has forced the Fed to react by turning up […]
Column, Money Matters
Scams on the rise
By Kevin Theissen The American Association of Retired Persons (AARP) found in a recent study that one in five adults over age 50 knows a family member who has been victim to a scam. The Federal Trade Commission reported 96,000 […]
Column, Money Matters
Inflation exceeds 9%
By Kevin Theissen If you’ve been to the grocery store recently, you’ve noticed sharp increase in prices. The effects of the Covid-19 pandemic are still affecting global supply chains. Recent U.S. inflation levels have surpassed 9% year-over-year in June, according […]
Column, Money Matters
College Savings Recovery Act
By Kevin Theissen In early June, the College Savings Recovery Act was introduced in the Senate. The bill would potentially allow 529 Education Savings Plan account holders to rollover assets to a Roth IRA. It’s not yet certain whether the […]
Column, Money Matters
SECURE Act 2.0
By Kevin Theissen In 2021, the House Ways and Means Committee cleared a new bill, Securing a Strong Retirement Act of 2021, more commonly referred to as SECURE Act 2.0. There were some delays, but it was again brought up […]
Column, Money Matters
Ongoing challenges for small businesses
By Kevin Theissen The last couple of years have been challenging for everyone, including small businesses. As it seems we’ve come out of the pandemic, business owners were hoping that the worst of its economic impact would end as well. […]
Column, Money Matters
The state of Social Security
By Kevin Theissen The Social Security trustees have issued their 2022 report to Congress, officially called “The 2022 Annual Report of the Board of Trustees of the Federal Old-Age and Survivors Insurance and Federal Disability Insurance Trust Funds.” It is […]
Column, Money Matters
The last decade in stocks
By Kevin Theissen As recent economic news and conditions have focused on inflation, market downturns, oil prices, conflict and more, it is sometimes good to step back and look at the big picture. The last decade has given us one […]