Kristen M. Palme

Finding the right balance between risk and reward can help minimize financial stress. In times of turbulence, rebalancing can help bring your portfolio back in line with your long-term strategy. I can review your investment mix and see if rebalancing is right for you.

How rebalancing can help you stay the course Rebalancing your portfolio can help you fight instincts to sideline assets when markets get rough.

“In our view, investors should rationally consider the current landscape. Are markets correcting because they may have seen equity market gains come too far too fast? Or are markets falling because of true threats over economic conditions and the possibility of a global recession? We believe, the preponderance of evidence supports the former. The U.S. economy is currently moderating to more sustainable rates, but a near-term recession is not the most likely path ahead, in our view.” – Russell Price, Ameriprise Chief Economist

Is the Fed behind the curve? Get more expert insights by reading the latest Weekly Market Perspectives.

The markets rallied today and experienced solid gains. provides their thoughts on today’s market upturn in After the Close.

image.advisoremail.ameriprise.com

Maintaining and balancing all aspects of your overall well-being has become increasingly important in today’s fast-paced world. During this complimentary session, we’ll explore the intersection between financial, physical and mental health, discuss preparing for known and unknown health care costs and explain how to adopt a healthy financial mindset.

Investment markets don’t move in a straight line but through periods of gain and loss. Check out the latest insights from on today's market swings.

image.advisoremail.ameriprise.com

Did you know that all families should fill out the FAFSA, regardless of how much they earn? Let’s connect if you’d like to discuss strategies to save for your child’s education — and how FAFSA may play a role.

New FAFSA rules: How changes may affect your student’s financial aid eligibility Plan for college expenses with more confidence.

If you have questions about the market and economic trends shaping your investments, let’s connect.

Midyear market pulse check Get the outlook for the second half of 2024.

Creating your legacy is more than passing on money. What values or interests will you share with the people you love?

“Several areas of the job market that were running hot last year have cooled this year, helping ease pressures on inflation and rebalance labor conditions.” - Anthony Saglimbene, Ameriprise Chief Market Strategist

Could investors be on the verge of the long-awaited soft-landing scenario? Get more expert insights by reading the latest Weekly Market Perspectives.

Speculating about the next major market move can be enticing but should not substitute sound planning. Together, we can review your portfolio and adjust as needed.

Will or trust: Which one is right for you? Learn the basics of both and how they may fit into your broader estate planning needs.

The basics of wills and trusts Get answers to frequently asked questions about the basics of wills and trusts.

Did you know: Your ability to earn an income is one of your most significant financial assets. In the event that you lose your job, life and disability insurance coverage can offer a layer of financial security and peace of mind.

Protecting your earned income with disability and life insurance Help protect your family’s financial future in the event of disability or death with these insurance solutions.

“With the S&P 500, NASDAQ, and Dow all tracing fresh all-time highs, investor sentiment has again shifted toward a more accepting view of current conditions, and one that continues to see lower inflation and rising profits driving a soft-landing for the U.S. economy this year.” - Anthony Saglimbene, Ameriprise Chief Market Strategist

Investor sentiment has again shifted toward a more accepting view of current conditions Get more expert insights by reading the latest Weekly Market Perspectives.

“The last few weeks have put investors on information overload, as a firehose of Q1 earnings releases, economic updates, and a Fed policy meeting have provided an abundance of information to digest and, importantly, drive stock direction.”- Anthony Saglimbene, Ameriprise Chief Market Strategist

Investors less certain about direction of stock prices amid firehose of information Get more expert insights by reading the latest Weekly Market Perspectives.

Great news: My practice has earned the distinct honor of receiving the 2023 Ameriprise Financial Client Experience Award! We attained this level of distinction by consistently delivering outstanding client care, excellent service and personalized advice to help clients like you achieve their long-term financial goals.

It’s understandable for investors to be cautious about the ongoing rally in generative AI-related stocks. Let’s connect if you have questions or concerns.

AI boom or AI bubble? Why recent AI-fueled stock gains may have longevity.

If possible, avoid taking early withdrawals or loans from your 401(k). Taking money out of your account can offset the account’s tax advantaged benefits. bit.ly/3RK0Z8Y

While it may be tempting to “set and forget” your 401(k) investments, doing so may cost you in the long run. Let’s connect to review your portfolio and ensure it aligns with your risk tolerance, time horizon and goals. bit.ly/3RK0Z8Y

If you or your dependents have been in the hospital or had other significant medical or dental expenses, keep the receipts — they could help reduce your tax bill.

Wondering what to do with a 401(k) from a former employer? Together, we can assess your options and determine the best plan for you and your goals. bit.ly/3ZLkKzc

Selling stocks at a loss can offset the taxes you would pay on other investment gains. This strategy is one way to use the tax code to reduce the sting of an investment loss.

Does your employer offer a Roth 401(k) option? Saving after-tax dollars with a Roth 401(k) can help diversify the taxability of your investments in retirement. Let’s review and see if this strategy is right to you. bit.ly/3RK0Z8Y

Want to reduce your taxable income? Contribute to your retirement account. This easy, straight forward tax strategy can be used by most workers. Plus, you'll be one step closer to reaching your retirement goals.

Increasing your 401(k) contribution can help you reach your retirement savings goals faster. For 2023, employees under 50 years old can contribute up to $22,500 to their 401(k) plan. Those 50 and older are eligible for an additional catch-up contribution of $7,500 in 2023. bit.ly/3RK0Z8Y

Charitable contributions can be tax deductible, and you don’t have to give cash. Donations of clothes, food, or household items, for example, can lower your tax bill.

Do you know the tax benefits of 401(k)s?
bit.ly/3RK0Z8Y

If you have a high-deductible health plan, consider using a Health Savings Account. This account offers tax benefits for today and tomorrow:

1. Contributions offer an immediate tax deduction
2. Earnings grow tax-deferred
3. Withdrawals used to pay qualified medical expenses are tax-free

Many employers will match an employee’s 401(k) contribution up to a certain amount. Does your employer offer a 401(k) match? If so, let’s work together to maximize this benefit. bit.ly/3RK0Z8Y

At the March meeting, the Federal Reserve left its fed funds rate unchanged for the fifth consecutive meeting. With three rate cuts still penciled in for 2024, policymakers are now less likely to surprise the market this year. From the Fed’s vantage point, growth is holding strong in the U.S., inflation is slowly moving back to target and the committee remains confident in its policy approach and economic forecasts.