Exciting News! TD Ameritrade accounts are migrating to Charles Schwab soon!
We have some exciting news to share! As you may know, Charles Schwab acquired TD Ameritrade in 2019 and will soon begin the process of transitioning accounts into the Charles Schwab platform. During the migration process that starts on Friday, September 1, TD Ameritrade client accounts will be automatically and securely transferred to Charles Schwab. […]
Tax Deduction Drama: The Catch-Up Contributions Countdown!
Fellow high-earning Americans, listen up! There’s some tax deduction drama heading this way next year. Currently, all of you fabulous 50-and-better workers can make catch-up contributions to your 401(k) accounts, up to a cool $7,500. But guess what? Starting January 1, 2024, that party could be shut down. Those catch-up contributions might only be allowed […]
U.S. Financial & Economic Review
Although year-over-year core inflation has declined from the peak in September 2022, inflation has proven resilient. The strong services sector and tight labor markets means inflation is likely to remain higher for longer than the Fed would like. The strength of the services sector has contributed to the strength of the labor market. The May […]
Important deadlines and dates
July 25-26……….. Federal Reserve Open Market Committee meeting Sept 4 …………….. Labor Day – The financial markets are closed and so are Elevation Wealth Partners offices. Sept 10……………. Grandparent’s Day Sept 15……………. 3rd Quarter Estimated Tax Payment due Sept 15……………. Partnership & S-Corp 2022 tax returns due if an extension was requested. Sept 19-20………. Federal […]
