Click here to download the PDF version of the newsletter. In This Issue: Inflation Mitigation (Part 1) In June 2022, inflation surged 9.1% year-over-year, the highest rate in more than 40 years.1 As spending power erodes, Americans are scrambling for ways to hedge against inflation. In the coming newsletters, we’ll suggest ways to protect and […]
Summa Global Quarterly Newsletter – January 2022
Click here to download the PDF version of the newsletter. In This Issue: Investment Insights In 2021, the market showed strength, driven by a rebound in business and consumer spending. With the rebound came a spike in inflation created by persistent pandemic-induced supply chain problems, outsized demand, and rising wages. 2022 will be a challenging […]
Social Security Primer
BEFORE RETIREMENT A percentage of earnings is paid to Social Security throughout your working years Only the top 35 earning years (not consecutive) will be included Any years with no income will be recorded as zeros CALCULATING YOUR BENEFITS There are three factors in determining your Social Security benefits: Your Birth Year Click here to […]
Simple and Smart Year-End Planning Moves
This blogpost was originally published in September of 2016. Relevant information has been updated for 2018. The “relatively” quiet period between Thanksgiving and Christmas is a perfect time to do some last-minute year-end planning, particularly those that have an expiration date of December 31. Income Tax Mitigation By this time of the year, you should have […]
Retirement Planning – Understanding the Most Popular Workplace Retirement Plans
The second topic in our InsomniaCure Financial Education Rx Series is Retirement Planning 101, which broadly covers popular types of retirement plans and how each plan works. Note: As of 2019, individuals may contribute $6,000 annually to their IRA, up from the amount ($5,500) at the publishing of this article. View other posts in the […]
