The Markets The Federal Reserve put a hitch in the markets’ giddy-up last week. It wasn’t the Fed’s second interest rate hike in a decade that caused markets to stumble. December’s rate hike was old news before it happened. In mid-December, Reuters reported Fed funds futures indicated ...
December 19, 2016Planmark Administrator
The Markets Dad: “Fra-gee-lay” …it must be Italian! Mom: I think that says “fragile,” honey. Dad: Oh, yeah. This holiday season, investors’ enthusiasm for U.S. stocks has rivaled old man Parker’s passion for his major-award leg lamp in ‘A Christmas Story.’ Last week, three major U.S. indices hit all-time ...
December 12, 2016Planmark Administrator
The Markets Flirting with higher interest rates. Last week, yields on 10-year Treasury bonds rose to a 17-month high of 2.44 percent, reported The Wall Street Journal, before retreating to finish the week at about 2.4 percent. As we’ve mentioned previously, some experts suspect the bull market in ...
December 5, 2016Planmark Administrator
The Markets It’s a myth! According to WebMD, the amino acid L-Tryptophan is not responsible for Americans’ post-Thanksgiving food coma. The real culprit is overeating. So, last week’s post-feast sleepiness can be blamed on big appetites. Investors also indulged their appetite for risk last week. Barron’s reported: “…the stock ...
November 28, 2016Planmark Administrator
The Markets This time it’s the end. Really. Possibly. It seems like experts have been forecasting the end of the bull market in bonds for years – and they have been doing so. In July 2010, bond guru Bill Gross predicted the 28-year bull market in bonds ...
November 21, 2016Planmark Administrator
MAXIMUM BENEFIT AND CONTRIBUTION LIMITS TYPE OF LIMITATION Calendar Year 2016 Calendar Year 2017 401(k), 403(b) and 457 Deferral Limit $18,000 $18,000 401(k), 403(b), and 457 Catch-up Contribution Limit $6,000 $6,000...
November 18, 2016Planmark Administrator
The Markets Surprise! Markets were remarkably sanguine following the election of Donald Trump to the presidency of the United States. There was a moment of panic. As election results rolled in on Tuesday, Gold prices rose and Treasury yields fell, as investors sought safe havens. Dow Futures, a ...
November 14, 2016Planmark Administrator
The Pension consultants at Planmark regularly receive calls on a broad array of technical topics related to qualified retirement plans. A recent call with an accountant in Atlanta is a commonly asked question about Plan Audits. The accountant asked: “Some of my business-owner clients have mentioned they would like to contribute ...
November 10, 2016Planmark Administrator
The Markets Markets hate uncertainty – and that may create opportunities. Last week, investors experienced another bout of election jitters, and the Standard & Poor’s 500 (S&P 500) Index fell for the ninth straight session. The CBOE Volatility Index (VIX), a.k.a. the fear gauge, which measures the expected ...
November 7, 2016Planmark Administrator
The Pension consultants at Planmark regularly receive calls on a broad array of technical topics related to qualified retirement plans. A recent call with a plan sponsor in Woodstock, Ga is a commonly asked question about Safe Harbor 401(k) Plan Designs. The plan sponsor asked: ““How can I have a 401(k) ...
October 27, 2016Planmark Administrator