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Must-Know Rules for Converting Your 401(k) to a Roth IRA

Must-Know Rules for Converting Your 401(k) to a Roth IRA

  Be sure you understand the tax consequences before making the change By CATHY PARETO Updated February 09, 2024 Reviewed by DAVID KINDNESS Fact checked by JIWON MA If you are considering leaving a job and have a 401(k) plan, then you need to stay on top of the...

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Market Update—Week of July 15, 2024

Market Update—Week of July 15, 2024

Market Update—Week of July 15, 2024Presented by Axial Financial Group Small-cap stocks posted a major rally as potential interest rate cuts offered relief amid recent struggles. Short-term Treasuries rallied on the lower Consumer Price Index (CPI) report as investors...

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Market Update—Week of July 8, 2024

Market Update—Week of July 8, 2024

Market Update—Week of July 8, 2024Presented by Axial Financial Group Tesla was the story of last week; it rose more than 27 percent after second-quarter delivery estimates were better than expected. Treasuries rallied slightly after minutes from the most recent...

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Weekly Market Update, Week of May 28, 2024

Weekly Market Update, Week of May 28, 2024

Market Update—Week of May 28, 2024Presented by Axial Financial Group Technology and communication services were the only equity sectors that were positive last week. U.S. Treasuries sold off amid concerns of persistent inflation. Quick Hits Report releases: Existing...

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Market Update, Week of May 13, 2024

Market Update, Week of May 13, 2024

Market Update—Week of May 13, 2024Presented by Axial Financial Group Equities continued their rally as those sectors that benefited from more persistent inflation outperformed. U.S. Treasuries were little changed as investors wait for this week’s inflation data. Quick...

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Market Thoughts for May 2024 [Video]

Market Thoughts for May 2024 [Video]

Market Thoughts for May 2024 [Video] Posted by Brad McMillan, CFA®, CFP® This entry was posted on May 2, 2024 10:30:03 AM   Rising interest rates pressured stock and bond prices in April. U.S. markets were down in the low-single digits, marking the first monthly...

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Weekly Market Update, Week of May 6, 2024

Weekly Market Update, Week of May 6, 2024

Market Update—Week of May 6, 2024Presented by Axial Financial Group   Equities rallied as soft economic data gave the Federal Reserve (Fed) more reasons to cut interest rates in 2024. Intermediate-term rates declined notably amid weak data and a slower pace of...

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8 Things to Consider Before Buying Your Aging Parent’s Home

8 Things to Consider Before Buying Your Aging Parent’s Home

    8 Things to Consider Before Buying Your Aging Parent’s Home Presented by Axial Financial Group   The “great wealth transfer” is set to take place over the next two decades, when baby boomers (the wealthiest generation in American history) will pass...

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Weekly Market Update, Week of April 22, 2024

Weekly Market Update, Week of April 22, 2024

Market Update—Week of April 22, 2024 Presented by Axial Financial Group   Global equities were mostly down last week on the potential for higher U.S. rates and geopolitical tensions in the Middle East. Bond yields continued their rise as inflation remained a...

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To Roll Over—or Not to Roll Over—Your 401(k)

To Roll Over—or Not to Roll Over—Your 401(k)

    To Roll Over—or Not to Roll Over—Your 401(k) Presented by Axial Financial Group   As you advance in your career and hold jobs at various companies, you may discover at some point that you’ve left behind valuable cookie crumbs: a trail of...

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Weekly Market Update, Week of April 15, 2024

Weekly Market Update, Week of April 15, 2024

Market Update—Week of April 15, 2024 Presented by Axial Financial Group   U.S. equities sold off again as the Consumer Price Index (CPI) came in higher than expected. Bond yields continued their rise; investors demanded higher yields because consumer inflation...

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Investing in an Election Year: Three things to keep in mind

Investing in an Election Year: Three things to keep in mind

    Investing in an Election Year: Three things to keep in mind Investing during an election year can be tough on the nerves, and 2024 promises to be no different. Politics can bring out strong emotions and biases, but investors would be wise to put these...

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Weekly Market Update, Week of April 8, 2024

Weekly Market Update, Week of April 8, 2024

Market Update—Week of April 8, 2024Presented by Axial Financial Group U.S. equities sold off this week as the Federal Reserve (Fed) members displayed a difference of opinion on how to tame the economy amid recent strong data. Bond yields rose dramatically as...

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Market Thoughts for April 2024 [Video]

Market Thoughts for April 2024 [Video]

Market Thoughts for April 2024 [Video] Posted by Brad McMillan, CFA®, CFP®  This entry was posted on Apr 2, 2024   U.S. and developed markets set new price records on economic and earnings growth, but fixed income lagged as interest rates rose during the quarter....

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Weekly Market Update, Week of April 1, 2024

Weekly Market Update, Week of April 1, 2024

Market Update—Week of April 1, 2024Presented by Axial Financial Group The S&P 500 outpaced the tech-oriented Nasdaq Composite in the first quarter. Bond yields were little moved in a short week of trading. Quick Hits Report releases: Durable goods orders rebounded...

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Financial Spring Cleaning: How To Refresh and Reset

Financial Spring Cleaning: How To Refresh and Reset

    It's time for an annual spruce   BY BECCA STANEK, THE WEEK US PUBLISHED APRIL 6, 2023 Spring cleaning doesn't have to stop at your house. In fact, spring can be a great time to do a little financial checking in and tidying up as well. It's a few months...

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Weekly Market Update, Week of March 19, 2024

Weekly Market Update, Week of March 19, 2024

Presented by Axial Financial Group Facing greater exposure to debt—which costs more as rates increase—small-cap stocks struggled last week. Rates rose as bond investors demanded more yield to offset hotter-than-expected inflation. Quick Hits Report releases: Consumer...

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The Top 5 Financial Scams Targeting Older Adults

The Top 5 Financial Scams Targeting Older Adults

    Dec 08, 2023 | 8 min read Genevieve Waterman Director, Corporate Partnerships and Engagement Key Takeaways Scams targeting older adults are on the rise. In 2022, there were 88,262 complaints of fraud resulting in $3.1 billion in losses from people age...

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Q4 2023: The Winter Thaw Has Begun

Q4 2023: The Winter Thaw Has Begun

Q4 2023 Earnings: The Winter Thaw Has Begun Posted by Rob Swanke This entry was posted on Mar 12, 2024   I love spending time outdoors—except when it’s 20 degrees outside. For me, winter in Boston is a time to focus on self-improvement, whether that’s working on...

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Market Update—Week of March 11, 2024

Market Update—Week of March 11, 2024

Market Update—Week of March 11, 2024 Presented by Axial Financial Group Weak iPhone and Tesla sales in China moved the Nasdaq Composite lower. Rates for Treasuries with maturities greater than five years fell as the Federal Reserve (Fed) indicated it was close to...

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Looking Back at the Markets in February and Ahead to March 2024

Looking Back at the Markets in February and Ahead to March 2024

Posted by Brad McMillan, CFA®, CFP®  Presented by Axial Financial Group This entry was posted on Mar 5, 2024 February was a good month for stocks, with most markets up in the low- to mid-single digits on positive economic and earnings news. The riskiest indices, the...

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