Estate planning is something that many of us may not want to think about for years or even decades. Unfortunately, changes to the tax code are creating a sense of urgency. The Tax Cuts and Jobs Act of 2017 substantially raised the exemption limit to avoid federal estate taxes, but those portions of the law […]
The sudden collapse of Silicon Valley Bank (SVB) has roiled the markets, panicked investors, and left many observers wondering whether we are on the precipice of another financial crisis. The Federal Government has taken the unprecedented step of ensuring all depositors of SVB will be able to receive the full value of their accounts, beyond […]
Amidst rampant inflation, the IRS has raised the retirement account contribution limits and income requirements that govern tax deductibility. For a quick rundown on how you can maximize your retirement savings in the coming year, Hanover has provided a quick overview of the guidelines for major retirement accounts like 401(k)s and IRAs at the link […]
For decades, the rise of China has been treated as something of a fait accompli. Economists, politicians and academics have wondered not if, but only when, China would surpass the United States as the world’s preeminent economic superpower. The nation’s sheer size, in terms of both land mass and population, and rapid transformation from an […]
With inflation continuing to surge, it is more important than ever to protect the purchasing power of your money. We alerted you to the savings potential of inflation-adjusted I-bonds in a previous newsletter, and now the interest paid on these bonds has climbed even higher. Follow the link below for an updated look at the […]
