by lportee53 | Jun 24, 2024 | Uncategorized
Weekly Market Insights: Stocks Rise Modestly Over Short Trading Week Presented by Crossroads Financial Advisors Stocks edged higher over the four trading days last week, with the three major averages taking turns leading based on various economic and artificial...
by lportee53 | Jun 17, 2024 | Weekly Insight
Weekly Market Insights: Market Enjoys Gains, Reacting To Major Reports Presented by Crossroads Financial Advisors Stocks notched a solid gain last week, driven by the Fed’s decision, May’s inflation report, and Apple’s AI-related news. The Standard & Poor’s...
by lportee53 | Jun 12, 2024 | Taxation
IRA Withdrawals That Escape The 10% Tax Penalty The reason withdrawals from a Traditional Individual Retirement Account (IRA) prior to age 59½ are generally subject to a 10% tax penalty is that policymakers wanted to create a disincentive to use these savings for...
by lportee53 | Jun 10, 2024 | Weekly Insight
Weekly Market Insights: Stocks Solid Week Despite Mixed Reports Presented by Crossroads Financial Advisors Stocks rose last week despite conflicting stories from economic reports. The Dow Jones Industrial Average inched up 0.29 percent while the Standard & Poor’s...
by lportee53 | Jun 5, 2024 | Retirement
Traditional vs. Roth IRA Traditional Individual Retirement Accounts (IRAs), which were created in 1974, are owned by roughly 41 million U.S. households. And Roth IRAs, created as part of the Taxpayer Relief Act in 1997, are owned by nearly 32 million households.1 Both...
