Category Archives: Economic Report

Weekly Economic Update 5/6

Posted on May 6, 2013 by admin

UNEMPLOYMENT EDGES DOWN TO 7.5% April brought a rebound in hiring. Employers added 165,000 jobs, and so the unemployment rate reached a four-year low. (The Labor Department also revised March’s job gains upward to 138,000.) Payrolls have now expanded by … Continue reading →

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Reaching Retirement — Now What?

Posted on April 10, 2013 by admin

Reaching Retirement– Now What? Reaching Retirement You’ve worked hard your whole life anticipating the day you could finally retire. Well, that day has arrived! But with it comes the realization that you’ll need to carefully manage your assets so that … Continue reading →

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Weekly Economic Update 4/8

Posted on April 8, 2013 by admin

April 8, 2013      JUST 88,000 NEW JOBS? In the wake of the Labor Department’s disappointing March employment report, puzzled analysts tried to figure out the reasons for such poor job growth. Did businesses fear the impact of the … Continue reading →

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College 529 Plan

Posted on April 4, 2013 by admin

Section 529 college savings plans are tax-advantaged college savings vehicles and one of the most popular ways to save for college today. Much like the way 401(k) plans revolutionized the world of retirement savings a few decades ago, 529 college … Continue reading →

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Weekly Economic Update 4/1

Posted on April 1, 2013 by admin

     SOLID GAINS IN HOUSEHOLD SPENDING, INCOME According to the latest Commerce Department report, household spending was up 0.7% in February (the largest gain in five months) while consumer incomes jumped 1.1%. February’s 35-cent climb in gasoline prices influenced … Continue reading →

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Stretch IRAs

Posted on March 15, 2013 by admin

Stretch IRAs The term “stretch IRA” has become a popular way to refer to an IRA (either traditional or Roth) with provisions that make it easier to “stretch out” the time that funds can stay in your IRA after your … Continue reading →

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Weekly Economic Update

Posted on March 13, 2013 by admin

 March 11, 2013    HIRING HAS REALLY PICKED UP During June-August 2012, non-farm payrolls grew by an average of 135,000 jobs a month. Across September-November, that average improved to 181,000 per month. From December-February, the economy added an average of … Continue reading →

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Common Annuity Riders

Posted on March 4, 2013 by admin

Common Annuity Riders An annuity is a contract between you (the purchaser or owner) and the issuer (an insurance company). In its simplest form, you pay money to the annuity issuer, the issuer invests the money for you, and then … Continue reading →

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The Sequester Looms

Posted on February 28, 2013 by admin

If federal budget cuts occur March 1, how might they be felt economically? On March 1, $85 billion in federal budget cuts are supposed to take place – and it doesn’t look like they will be delayed any longer. Congress … Continue reading →

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The Right Beneficiary

Posted on February 26, 2013 by admin

Who should inherit your IRA or 401(k)? See that they do. Here’s a simple financial question: who is the beneficiary of your IRA? How about your 401(k), life insurance policy, or annuity? You may be able to answer such a … Continue reading →

Posted in 401(k), 401K.com, Access.ATT, ATT, CAM Annuity, Economic Report, EIPP, EISP, ERB, ESRO, Estate Planning, Exxonmobil, Financial Planning, Insurance, Investing and the Markets, Investment, Ira Rollover, John Jastremski, Mortgages, netbenefit, netbenefits, Option 1 Withdrawal, PBGC, Pension, Pension Option, Pension Options, Pension Plan, PPA, Qwest, Rate Cut, Resources.Hewitt, Retirement Planning, The Retirement Group John Jastremski, The Retirement Group LLC, Types of Investment, Verizon, Why Investment | Tagged , , , , , , , , , , , | Comments Off