Q4 2022 U.S. Economic and Financial Markets Review
GDP grew by 3.2% in the 3rd quarter, reversing the negative trend of the prior two quarters. The unemployment rate held steady at 3.7% through November. This coincides with a tight labor market; there were approximately 10.5 million job openings for six million unemployed workers at the end of November. Domestic inflation showed a reading […]
SECURE Act 2.0 Introduces Lots of New Ways to Make Your Retirement More Secure
On December 29, 2022, the Setting Every Community Up for Retirement Enhancement (SECURE) 2.0 Act was signed into law as part of the Consolidated Appropriations Act of 2023. The new law builds on the original SECURE Act enacted three years prior that famously moved the Required Minimum Distribution (RMD) age out to age 72, among […]
Recessions Happen
We’re happy to welcome two new clients into the Elevation Wealth Partners family again this quarter. It’s an honor to serve you and we look forward to many years of working together. Today we work with clients in 19 states and three foreign countries. Thank you to everyone who continues to share with friends and […]