Royce Alan Burns CFP
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Take a look at some key financial resolutions that can help you start the year off right.
Stocks are poised to build on gains at the open. A drop in yields has acted as support. The 2-yr note yield is down four basis points to 4.42% and the 10-yr note yield is down six basis points to 3.90%. Read more in the Morning Brew.
The last three years have seen extraordinary market turbulence, with a new "normal" established seemingly every year. Take a look back and a peek ahead at ways we can navigate turbulent markets.
The Federal Reserve elected not to raise the federal funds rate at the December 2023 FOMC meeting, while also indicating it expects to cut rates three times in 2024. Read more.
Fed closes 2023 FOMC meeting slate with no rate hikes www.raymondjames.com
Stock futures indicate a higher open on this huge quarterly options and futures expiration day. The rally in the bond market also continues. Read more in the Morning Brew.
Umbrella insurance might not be a dinner table topic, but it's worth a discussion if you're interested in extra asset protection.
Stock futures are trading higher following yesterday's positive finish for the market. The bias could shift, though, with the release of the November Consumer Price Index at 8:30 a.m. ET. Read more in the Morning Brew.
When choosing to relocate for retirement, there are some important factors to consider. Making sure that your new home provides you with access to reliable transportation, specialized medical care and people you can depend on should be part of your retirement plan.
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Stock futures indicate a lower open after yesterday's modest declines. Ongoing weakness in mega cap stocks has partially contributed to the negative bias. Read more in the Morning Brew.
The markets responded with enthusiasm to lowering inflation and the potential end of the Fed's rate hikes, nearing or exceeding many headline indices' year-to-date highs. Read more in our November market recap.
Equities rebound in November, ending a three-month slide www.raymondjames.com
If you inherited a retirement account in 2020, 2021 or 2022, you may be affected by a recent IRS decision. The IRS may not expect RMDs to be made from that account for tax year 2023 for a subset of IRA beneficiaries that are subject to the 10-year payout.
IRS suspends missed RMD penalty for certain inherited IRAs www.raymondjames.com
Raymond James Chief Investment Officer Larry Adam embraces the Thanksgiving spirit and shares five financial-related dynamics his team are thankful for.
Giving thanks for positive market, economic developments www.raymondjames.com
Again, there isn't much conviction on the part of buyers or sellers, so the major indices look poised for a soft open with a slight downward bias. Read more in the Morning Brew.
8 ways to get creative with a 529 plan – to benefit you.
Long-term care (LTC) touches our lives profoundly, transcending specific places, ages, or conditions. It's a multifaceted event that can significantly impact people emotionally, physically and financially. Discover the comprehensive dimensions of this topic in our four-part video series and learn why planning is crucial for securing your family's future.
Next week, the November FOMC meeting minutes will be released, and may provide additional insight into the Fed's future path for interest rates. See CIO Larry Adam's top takeaways from this week in his Weekly Headings Snapshot.
Weekly Headings Snapshot: Nov. 17, 2023 www.raymondjames.com
S&P 500 futures are down 9 points, trading 0.2% below fair value. NASDAQ 100 futures are down 46 points, trading 0.2% below fair value. Dow Jones Industrial Average futures down 59 points, trading 0.1% below fair value. Read more in the Morning Brew.
The Evolution of the Annuity Market: Entering the New Normal limra.com
While it can often be overlooked as a component of estate planning, the adjustment in cost basis can be a taxation game-changer.
Equity futures indicate a flattish open now, but that will likely change after the release of the October Consumer Price Index at 8:30 a.m. ET. Treasuries are little changed from yesterday in front of the data. Read more in the Morning Brew.
Converting a traditional IRA to a Roth can mean tax-free withdrawals in retirement and a more substantial inheritance for heirs. Is it right for you?
Should you convert your traditional IRA to a Roth? www.raymondjames.com
Warm weather and beautiful scenery aren't the only ingredients for a good retirement location. Consider taxes and other location-based expenses:
Treasury yields are moving lower after a big jump yesterday in response to the 30-yr bond auction and Fed Chair Powell's remarks. Read more in the Morning Brew.
Rhode Island Comic Con brought celebs to Providence's restaurants. Here's who was spotted. providencejournal.com
Equity futures point to a flattish open for the major indices. There is not a lot of conviction from buyers or sellers this morning as investors wait to see if the rally will continue. Read more in the Morning Brew.
Don't miss out on Medicare open enrollment! From October 15 to December 7, you'll have the chance to make changes to your current Medicare coverage for the next year. Even if you're satisfied with your current plan, reviewing your options is critical in case coverage or premiums have changed.
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Making the transition from saving for retirement to spending those hard-earned savings can be tough. How do you handle the psychological side of spending those savings? Here are a few tips.
The psychological side of spending your retirement savings www.raymondjames.com
Discover how ChatGPT differs from a traditional chatbot and how the technology can potentially create efficiencies for countless professions.
Stock futures are up nicely this morning following five straight losing sessions for the S&P 500, which have left it below its 200-day moving average (4,236). That price action has fostered expectations for a rebound effort. Read more in the Morning Brew.