The US economy expanded at a healthy pace in the fourth quarter, though signs of slowing underlying demand mounted as the steepest interest-rate hikes in decades threaten growth this year
On December 29, 2022, SECURE Act 2.0 was made law through the Consolidated Appropriations Act of 2023. Key components of the act include changes to Required Minimum Distribution (RMD) starting ages, changes to retirement plans, and the ability to rollover 529 assets to Roth IRAs.
This week had a number of government-provided data releases for the market to digest.
As we now move into 2023, we wanted to share some important reminders and deadlines as it pertains to your personal financial considerations.
US inflation continued to slow in December, adding to evidence price pressures have peaked and putting the Federal Reserve on track to again slow the pace of interest-rate hikes.
According to Bloomberg Economics, the labor market is cooling but only very gradually. That pace is too slow to stop inflation from spreading to various sectors.