Entries by Aaron Skloff, AIF, CFA, MBA
How High Are Individual Income Tax Rates in Your State? – 2022
Click to Enlarge How High Are Individual Income Tax Rates in Your State? – 2022 Map shows top marginal rates: the maximum statutory rate in each state. This map does not show effective marginal tax rates, which would include the effects of phase-outs of various tax preferences. Local income taxes are not included. Source: Tax […]
What Are the IRA Contribution and Income Limits for 2021 and 2022?
Money Matters – Skloff Financial Group Question of the Month – February 1, 2022 By Aaron Skloff, AIF, CFA, MBA Q: Even though it is 2022, can we still contribute to Individual Retirement Accounts for 2021? What are the contribution limits, income limits and contribution deadlines for 2021 and 2022? A: The Problem — Foregoing […]
Past Bear Markets Have Tended To Be Shorter Than Bull Markets – 1966-2022
Click to Enlarge Past Bear Markets Have Tended To Be Shorter Than Bull Markets – 1966-2022 Average Duration: Bull Market 2,069 days, Bear Market 446 Days Average Return: Bull Market 209.2%, Bear Market -38.4% Source: Schwab Center for Financial Research with data provided by Bloomberg as of 12/31/2021. The market is represented by daily price […]
The Nasdaq Composite Just Logged Its 66th Correction Since 1971
The Nasdaq Composite Just Logged Its 66th Correction Since 1971. Here’s what history says happens next to the stock market. The Nasdaq Composite Index has registered a correction 65 times (not including Wednesday’s) since it was launched in 1971, and of those corrections, 24 of them, or 37%, have resulted in bear markets, or declines […]
Long Term Care Insurance Tax Benefits 2022 – Long Term Care University
Long Term Care University – Question of the Month – 01/15/22 By Aaron Skloff, AIF, CFA, MBA Q: Can long term care insurance be offered as a company benefit to all or a limited number of our employees? If so, are there any tax advantages for employers or employees? Are there tax advantages for individuals […]
