By: David Ashley, MD, MBA For the next few months, I will give a weekly update on conditions and observations that indicate whether or not we are going into recession or already in one. Soft landing, hard landing, no landing at all? The news has been all over the place lately. Let’s sort through it. … Market Watch with MoneyWellth
Car prices on both new and used vehicles are dropping dramatically. If you are considering buying a car, your opportunity to get a good deal is here now and will get even better over the next few months. So, save that down payment and be ready to negotiate. For 2023, buyers will finally be in … Are Car Buyers Finally in the Drivers’ Seat?
A 529 savings plan is a tax-advantaged plan designed to encourage saving for future higher education expenses. Contributions to the plan are not tax deductible at a federal level, but in the majority of states, the full amount or a portion of a taxpayer’s 529 plan contribution is deductible in computing state income tax. The … Secure Act 2.0 allows tax-free rollovers from 529 plans to Roth IRAs
[Part 4 of 4] Is a recession on the way – or better yet, are we currently in a recession? In Part 4 of this 4-part series, we discuss what you can do to prepare yourself. From growing your savings to tracking your spending – the key to riding the storm is how you manage your money BEFORE and DURING a recession.
[Part 3 of 4] Is a recession on the way – or better yet, are we currently in a recession? In part 3 of this 4-part series, we explore past recessions in the US, what caused them, and if they can help us understand what lies ahead.
[Part 2 of 4] Is a recession on the way – or better yet, are we currently in a recession? In part 2 of this 4-part series, we explore what a recession is and why this one is different. With record low unemployment and other conflicting indicators, the question isn’t “are we in a recession”; it’s how bad will this recession be?
