Market Update: Navigating Times of Change
Chief Investment Officer Joseph “JP” Powers explores the themes driving markets in early 2025.
With a new administration in Washington and stock market valuations running high, investors have a lot to digest. JP shares his views on the longevity of the artificial intelligence theme along with how trade wars, tariffs, deregulation and potential tax cuts could impact markets in the months ahead. Watch now for his insights!
Cash balance plans
Employer-sponsored retirement plans, such as cash balance plans, allow substantial pretax contributions with long-term benefits.4 If you’re a business owner, contributing significantly to a cash balance plan can reduce your current taxable income, potentially moving you to a lower tax bracket and increasing your net cash flow. By maximizing contributions to this plan, you not only save for retirement aggressively but also benefit from immediate tax deductions.Think of the current estate tax breaks as a limited-time offer.
Disclosures:
This material is for informational purposes only. All investments carry risk of loss. Tax, legal and insurance information contained herein is general in nature, is provided for informational purposes only, and should not be construed as legal or tax advice, or as advice on whether to buy or surrender any insurance products. Always consult with a professional before taking specific action.
Data and statistics contained in this report are obtained from what we believe to be reliable sources; however, their accuracy, completeness or reliability cannot be guaranteed.
07252024
