It seems nearly impossible not to have heard that the Federal Reserve (Fed) has started raising rates. Technically, the Federal Reserve raises the Federal Funds Rate. That is the rate that the Fed charges commercial banks (Citigroup, Bank of America, etc) when they are borrowing or lending their excess reserves to each other overnight.
"Some might say the chaos of the previous administration has given way to something refreshingly banal, the concept of deliberative discussions in Congress to negotiate on policy.
In 2017, the Trump Administration passed the Tax Cuts and Jobs Act (TCJA) which drastically cut corporate tax rates from 35% to 21%. While arguments can be made for some reduction from 35% (e.g.
Within this article, Andrea Solana, Partner and Head of Advanced Planning at MASECO, discussed the proposed US Estate Tax Changes following President Biden's "American Families Plan", delivered on Wednesday 28th April, a strategy to invest in families, children, and workers.
Rory Dorman, Partner and Senior Wealth Manager at MASECO, shines a proverbial spotlight on the Roth IRA and shares why he is such a fan of this particular tax-wrapper. In his article, Rory discusses the basic mechanics, numbers and less likely known key nuances of the Roth IRA.