
Business Succession Planning
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When developing a succession plan for your business, you must make many decisions.
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When developing a succession plan for your business, you must make many decisions.

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A 529 plan is a tax-advantaged education savings vehicle that offers a unique combination of features and benefits.

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The nuances surrounding RMDs from IRAs and work-sponsored retirement plans can be confusing. Here, we help shed light on some common questions.

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A pension freeze can reduce income you may have anticipated in retirement.

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The stock market declined for most of last week, only to rally last Thursday and Friday. The last two weeks have been "catch-up" periods for the economy with the release of a large influx of economic data following the 43-day government shutdown. While last week started with heavy selling, particularly in the tech sector, a cooler-than-expected Consumer Price Index (see below) last Thursday helped drive the market higher. The S&P 500 and the NASDAQ ended the week higher, while the Dow, the Global Dow, and the small caps of the Russell 2000 closed down. Of the 11 S&P 500 market sectors, only consumer discretionary and health care outperformed. The remaining sectors closed the week in the red, with energy falling nearly 4.0%. Crude oil declined for a second straight week with prices falling to their lowest levels in nearly five years, as concerns over a global supply glut and trade tensions outweighed geopolitical risks. Despite unemployment rising (see below), evidence of waning inflationary pressures is leading some analysts to suggest a "Santa Claus" rally (historically occurring over the last five days of December) is in the offing.