CliThe Weekly Wealth of Knowledge is your download of this week's most important topics related to financial planning, the markets, and our community. September is "back to school" month at MONECO Advisors, where we will be providing you a host of content on everything from financing school supplies, helpful checklists to keep your kids safe this year, saving for college and much, much more!
In this issue:
• Potential Tax Lowering Tips (3 min read)
• FED Hikes Rates Again (2 min read)
• Dorm Prices To High? (3 min read)
BONUS: Upcoming Medicare Webinar - Register Today!
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Potential Tax Lowering Tips
It's safe to say that no one likes paying taxes, but we are all aware that it is part of our civic duty. As one nears retirement, it is even more important to try and focus on tax minimization strategies to keep more money in your wallet. Here are four ways to potentially lower your tax liabilities. As always, if you have any questions, do not hesitate to reach out.
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FED Hikes Rates Again
The Federal Reserve convened last week and unanimously hiked its key benchmark rate by another .75%, this was the third such hike in a row. In their minutes following the meeting, they reiterated their goal of taming inflation at all costs . Read below to see what their next move might be.
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Dorm Prices To High?
As we close out the theme of "back to school" month at MONECO, this week we have a look at how some parents of college age students are dealing with the rising costs of room and board. Many are opting to purchase homes in college towns across the country to house their kids and generate a rental income stream at the same time.
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Making Medicare Work For You - Webinar
Come listen & learn as we partner with Black Rock on September 28th at 6:00pm, to sort through the alphabet soup known as Medicare. If you are currently enrolled in the program or will be soon, you will not want to miss this dynamic and informative presentation. We will be discussing the various costs for each part of the program (Part A, B, C & D), what is covered, what is not and what you may be missing. You will not want to miss this one! Don't forget to bring your questions.
The opinions voiced in this material are for general information only and are not intended to provide specific financial or tax advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
LPL Financial is not affiliated with Black Rock.
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1. BLS.gov, September 13, 2022
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