Great savers could face a ‘tax time bomb’ in retirement, advisor says — here’s how to avoid it
If you’re nearing retirement with a large pre-tax 401(k) plan or individual retirement account balance, you need a plan for…
6.1.25
Brad McMillan
Markets rallied in May, with the S&P 500, Dow, and Nasdaq up low- to mid-single digits for the month on solid fundamentals and reduced policy worries. Further, the average earnings growth for the S&P 500 during the first quarter was 13.5 percent, more than twice the initial estimates. The economic updates were also broadly positive. The April job report revealed continued solid hiring, and inflation showed signs of improvement, as consumer prices rose by less than expected.
But will risks like policy uncertainty and budget battles affect the economy and markets in the months ahead? Stay tuned to find out.
