Learning Center
Submitted by Madison Planning Group on March 27th, 2017
The Markets (as of market close March 24, 2017)
Uncertainty over whether Congress would pass a new health-care law, coupled with the prospects of additional interest rate hikes later in the year, may have weighed on investors' minds as stocks tumbled early last week. The S&P 500 lost over 1.0% last week for the first time this year.
Submitted by Madison Planning Group on March 22nd, 2017
Will vs. Trust: Is One Better Than the Other?
When it comes to planning your estate, you might be wondering whether you should use a will or a trust (or both). Understanding the similarities and the differences between these two important documents may help you decide which strategy is better for you.
Submitted by Madison Planning Group on March 22nd, 2017
Essential Facts about the American Health Care Act
On March 6, House Republicans released their proposed health-care plan, The American Health Care Act (AHCA), as a replacement for the Affordable Care Act (ACA).
Submitted by Madison Planning Group on March 20th, 2017
The Markets (as of market close March 17, 2017)
Following the Fed's announcement that it was raising the target range for the federal funds rate 25 basis points, investors favored government bonds and dividend-paying stocks last week. As a result, the yield on 10-year Treasuries fell 7 basis points as prices climbed with increased demand.
Submitted by Madison Planning Group on March 16th, 2017
What are bond ratings?
Bond ratings are an essential tool when considering fixed-income investments. Ratings provide a professional assessment of credit risk, or the risk of default, which can be measured to some degree by analyzing the bond issuer's financial condition and creditworthiness.
Submitted by Madison Planning Group on March 16th, 2017
Spring Cleaning Your Finances
The arrival of spring often signifies a time of renewal, a reminder to dust off the cobwebs and get rid of the dirt and grime that have built up throughout the winter season. And while most spring cleaning projects are likely focused on your home, you could take this time to evaluate and clean up your personal finances as well.
Submitted by Madison Planning Group on March 13th, 2017
The Markets (as of market close March 10, 2017)
Stocks rallied last Friday, fueled by a robust jobs report. However, the end-of-week surge wasn't enough to overcome index losses from earlier in the week. Falling energy prices dragged down both the large-cap Dow and S&P 500, while the Russell 2000 dropped over 2.0% and is barely in positive territory for the year.
Submitted by Madison Planning Group on March 10th, 2017
In general, when you sell your home, any amount you receive over your cost basis (what you paid for the home, plus capital improvements, plus the costs of selling the home) is subject to capital gains taxes.
Submitted by Madison Planning Group on March 10th, 2017
There's still time to make a regular IRA contribution for 2016! You have until your tax return due date (not including extensions) to contribute up to $5,500 for 2016 ($6,500 if you were age 50 by December 31, 2016). For most taxpayers, the contribution deadline for 2016 is April 18, 2017.
Submitted by Madison Planning Group on March 1st, 2017
The Markets (as of market close February 28, 2017)
Equities continued their positive trend in February as each of the benchmark indexes listed here posted monthly gains. The Dow recorded 12 record highs in February and posted a monthly gain of 4.77% — its best month since November. The S&P 500 (3.72%) and Nasdaq (3.75%) each climbed over 3.50% for the month.