Economy & Markets
The important economic and stock market news that advisors need to know.
New IRS Guidance Offers Tax Windfall to Employers With Part-Time Workers
By Robert Bloink | William H. ByrnesThe employee retention tax credit can provide a powerful tax break for small-business clients that rely heavily on part-time workers.
October 04, 2021
Most Active Funds Trailed Benchmarks in Q3: BofAThe share of active funds outperforming year-to-date is less than half, but still higher than from 2018-2020, the bank reports.
October 01, 2021
4 in 5 Millennial Workers Expect Major Life Changes in Next Year: MetLifeThe plans most frequently delayed by the pandemic include getting medical treatment, selling a home, moving to another part of the country and getting a divorce.
October 01, 2021
Rethinking Risk in Retirement PlanningDownward income adjustments are inconvenient, maybe even painful. But they don't mean financial ruin.
October 01, 2021
Americans Say Investments Play Role in Addressing World Problems: SchrodersU.S. investors, especially millennials, are concerned about how the companies they invest in behave, the annual global investor survey found.
September 30, 2021
Another Reason Advisors Are Warming to AnnuitiesAdvisors are also using annuities because they're making little or no money on bonds, a DPL Financial Partners survey found.
September 30, 2021
Congress Clears Government Funding Bill to Avert ShutdownThe federal government would be kept open through Dec. 3 under the legislation.
September 29, 2021
12 Cheapest States for Prescription DrugsAmericans 65 and older spent an average of $7,554 on prescription drugs last year, according to MedicareGuide.