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As former President Donald Trump and Vice President Kamala Harris unveil their economic agendas, the focus on tax changes has taken center stage. With trillions in tax breaks enacted by Trump via the Tax Cuts and Jobs Act set to expire after 2025, more than 60% of taxpayers could see higher taxes in 2026 without
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As retirement draws closer for investors, it is crucial for them to understand the potential threat posed by the “sequence of returns risk.” This risk, also known as “sequence risk,” is often underestimated and overlooked by retirees. It occurs when poor investment returns are coupled with withdrawals, especially in the early stages of retirement. This
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In a time where economic uncertainty looms large, many investors find themselves unsure of how to navigate their financial choices. Despite some positive economic indicators, a significant portion of the population mistakenly believes that the U.S. is currently in a recession. This misconception can lead to panic and poor financial decisions as people try to
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The southeastern U.S. was hit with torrential rains and flash floods from Hurricane Debby, emphasizing the importance of flood insurance coverage for homeowners. While many may assume that flood insurance provides comprehensive coverage for all damage, it’s crucial to understand the limitations, particularly when it comes to basements. Peter Kochenburger, an insurance expert, warns that
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