A new study of Americans aged 45 and older found that individuals prefer “reinvention” over traditional retirement, seek peace of mind over wealth accumulation, and view longer life expectancies (i.e., “the longevity bonus”) as a chance to explore new options and/or pursue old dreams. Completed in January 2013, the study conducted by Merrill Lynch […]
Archive | June, 2013
Washington Hotline – June 27, 2013
Taxpayers Want ‘Simplified Tax Code’ Senate Finance Committee Chair Max Baucus (D-MT) spoke to a Washington conference on June 13. He shared a number of responses from taxpayers who wrote comments on the website taxreform.gov. This site was created jointly by Baucus and House Ways and Means Committee Chair Dave Camp (R-MI). The top request was […]
AAM Weekly Market Wrap – June 24, 2013
Weekly Market Wrap: Stocks continued lower this week as the Fed indicated an slowdown in asset purchases sometime over the next year. For The Week The S&P 500 dropped 2.11% to 1,592.43 Oil slumped 4.25% to $93.69 Gold plummeted 6.84% to $1,295.13 The US Dollar rallied 2.08% to $82.33 against other major world currencies. […]
Understanding the Fees Associated With Your Retirement Plan
There’s a little secret associated with your workplace-sponsored retirement plan. Most participants think their plan is free — that it doesn’t cost them anything to join, contribute, and invest. Unfortunately, that’s not entirely true. While employees typically aren’t charged any out-of-pocket costs to participate in their plans, participants do pay expenses, many of which […]
Washington Hotline – June 18, 2013
Camp Opposes Charitable Deduction Cap House Ways and Means Committee Chair Dave Camp (R-MI) spoke June 12th at the Federal Policy Groups 2013 Tax, Budget, and Legislative Policy Seminar. At the Washington conference, Camp explained the tax reform process and also responded to questions. When asked about the White House proposal to cap charitable deduction […]
AAM Weekly Market Wrap – June 17, 2013
Weekly Market Wrap: Stocks slipped this week on a World Bank global growth downgrade and concerns regarding the limits of global stimulus. For The Week The S&P 500 lost 1.01% to 1,626.73 Oil added 1.90% to $97.85 Gold gained 0.80% to $1,390.29 The US Dollar fell another 1.01% to $80.65 against other major world […]
Classifying Stocks
If you want to understand the stock market, you should understand the different ways in which people classify and identify stocks.1 Here is a summary of some different stock types. Stock Sectors A sector is a group of companies that loosely belong to the same industry and provide the same product or service. […]
AAM LLC June 2013 Email Newsletter
Email Newsletter Website : http://p0.vresp.com/cCWlDx June 2013 AAM Newsletter Hello and thank you for reading my e-newsletter. I hope you find the information useful. If you enjoy the newsletter please forward to a friend. Please also let me know what you like to see so that I may continue to provide relevant content. If you […]
Washington Hotline – June 11, 2013
House Moving Forward on Tax Reform During the past two years the House Ways and Means Committee has conducted numerous hearings in preparation for a tax reform bill. Under the U.S. Constitution, tax bills are initiated in the House Ways and Means Committee. Ways and Means Committee Chair Dave Camp (R-MI) spoke to the Business […]
Social Security Tips – June 2013
For those that need to request a Social Security number “printout” (a one-page document Social Security prints instantly that shows an individual’s name and number), Social Security has changed the policy. Effective June 24, anyone requesting a printout will need to show the same documents and proof of ID as those requesting a replacement […]
