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Year-End Giving

As the holiday season and end of the year approach, many think about meaningful ways to give. While the primary purpose of giving is to provide support to charities and those in need, there are also some significant tax benefits. Here are a few strategies to consider as you think … Continued

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Presidential Election & the Stock Market: What History Tells Us

By: Zachary Means, CEO Source: DFA Funds It was election day 2016. I’ll never forget watching the news stations read off which candidate, Clinton or Trump, won each state. Massachusetts went to Clinton. Florida went to Trump. It was neck and neck. I flipped from one major news network to … Continued

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Speculation is Not a Plan

With what feels like more headline-worthy events than one can count, 2020 certainly has been a year to remember. As we look toward the fall, it seems that the drama of 2020 will only continue as we face an upcoming presidential election coupled with the threat of a new spike … Continued

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Preserving the Family Camp, Cottage, or Lake House

This month, we teamed up with Meredith Maller from the law firm Eaton Peabody to provide you with information on an estate planning topic we often discuss with clients. During this difficult time, many families seek refuge at their camp, cottage, or lake house. These retreats serve as safe havens … Continued

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Why Do the Markets Do Well When the Economy Isn’t?

The last few days notwithstanding, the stock market has staged a significant recovery from the market lows we saw in late March. While off its all-time high reached in February, the S&P 500 stands at a first level in the last quarter of 2019. Yet, the economy suffers in the … Continued

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What’s Next?

I always enjoy writing with good news. I have some for you today. As I write this, the S&P is up roughly 32% from its lows in March. We are only down a “mere” 13% from its all-time highs. It seems like a long way to go to get back … Continued

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CARES Act: RMDs, Charitable Giving, & IRA Contributions

In March, Congress passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), a $2,000,000,000,000 stimulus package. National news outlets covered well-known benefits like taxpayer payments, tax filing deadline delays, and modified sick time. Additional, less known benefits like the 2020 “RMD Holiday,” updated charitable deductions, and an extension … Continued

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A Message from Means Wealth

 Good Afternoon, Over the last few weeks, the consternation concerning personal health, our families, the markets, and the economy has been palpable. Like you, I am concerned. These are no doubt challenging times. Many clients expressed how different this situation feels, and I certainly cannot argue that. This is … Continued

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Stocking Your Financial Planning Toolbox: Traditional & Roth IRAs

Having a well-stocked toolbox is key and you likely will want to use a variety of tools throughout the process. One of the best tools to consider “purchasing” for your toolbox is the Individual Retirement Account (IRA).

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2020: Trump, Iran, & RMDs

The first 20 days of 2020 have been eventful. Trump continues with his never-ending tweets. Iran shot down a civilian Turkish airliner and shot missiles at U.S. bases in Iraq. The U.S. and Iran’s tensions are higher than they have been in years. If you turn 70 1/2 after December … Continued

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Recession? You Bet! Keep Reading…

Will we have a recession? Is it coming? The answers to those questions are, “yes.” However, please keep reading. What nobody truly knows is when a recession will actually take place. Economists use charts, data, surveys-all of which are great but provide no clear indication of a recession. I’ve been … Continued

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Socially Responsible Investing

Often investing focuses mainly on profits and returns. However, return doesn’t just have to be about the amount of money you earn. It can be about making a difference in the world you live in. Studies show helping others and charitable giving are two keys to lasting happiness and personal … Continued

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