See our recap of April's key statistics and market commentary below. Noteworthy Numbers 99.7 Meta (Facebook) stock is up 99.7% year-to-date even after reporting a $3.99 billion loss in the first quarter of 2023. 5.6Core CPI, which excludes volatile f...
April
20
2023
Beer Markets: Housing Market, The Fed, & Earnings Expectations
Posted by J. Saunders Wiggins, CFP®, AIF®
in Retirement, Wealth Management, Market Performance
with No Comments
Episode 4 of "Beer Markets" is now available! In this episode of Beer Markets Bobby Moyer is joined by ACG Wealth Management President & CEO Sandy Wiggins to discuss the latest financial and economic news headlines including the housing market, t...
April
06
2023
See our recap of March's key statistics and market commentary below. Noteworthy Numbers 42 BillionCustomers of Silicon Valley Bank withdrew $42 Billion of deposits on March 9th contributing to the collapse of the bank. 102 The 2-year treasury yield e...
April
03
2023
Contribution Options for Small Cash Balance and Defined Benefit Plans
Posted by David J. Kupstas, FSA, EA, MSEA
in Retirement, defined benefit, cash balance
with No Comments
At the end of the plan year, some of our small cash balance (CB) and traditional defined benefit (DB) clients will contact us wanting to know what “the” contribution is for the previous year, as though there was a single option for what they are requ...
March
16
2023
Beer Markets: Banking Concerns, Jobs Report, & More
Posted by J. Saunders Wiggins, CFP®, AIF®
in Retirement, Wealth Management, Market Performance
with No Comments
Episode 3 of "Beer Markets" is now available! In this episode of "Beer Markets" Bobby Moyer is joined by ACG Wealth Management President & CEO Sandy Wiggins to discuss the latest news headlines including Silvergate, Silicon Valley Bank, and the j...
March
06
2023
See our recap of February's key statistics and market commentary below. Noteworthy Numbers 517February’s jobs number showed that the U.S. added 517,000 jobs in January, well above the expected 185,000. This is good news for the state of the economy b...
February
16
2023
Beer Markets Podcast: ChatGPT, CPI, & More
Posted by J. Saunders Wiggins, CFP®, AIF®
in Retirement, Wealth Management, Market Performance
with No Comments
At ACG, we are always looking for new ways to engage and educate the community on the world of finance. As a result of this continuous effort, we have decided to start our own podcast titled "Beer Markets." In this podcast, ACG Wealth Management CIO ...
February
03
2023
See our recap of January's key statistics and market commentary below. Noteworthy Numbers 27.8% The ARKK ETF, known for investing in nonprofitable and speculative technology innovators, gained 27.8% in January after losing 74.7% over 2021 and 2022. -...
January
20
2023
SECURE 2.0: Lots (and Lots) of New Retirement Plan Rules
Posted by David J. Kupstas, FSA, EA, MSEA
in 401(k), Retirement, Financial Planning, defined benefit, pbgc, secure act, SIMPLE, IRA, SEP, Roth, SECURE 2.0
with No Comments
By now, you have likely heard of the new law called SECURE 2.0. It was passed at the end of 2022 as part of the big omnibus spending bill and contains numerous provisions relating to qualified retirement plans and IRAs. It is a follow-up of sorts to ...
January
13
2023
Introducing ACG's New Podcast: Beer Markets
Posted by J. Saunders Wiggins, CFP®, AIF®
in Retirement, Wealth Management, Market Performance
with No Comments
At ACG, we are always looking for new ways to engage and educate the community on the world of finance. As a result of this continuous effort, we are excited to announce the start of our podcast titled "Beer Markets."