Foster & Wood has created this sheet to help investors understand the maximum contribution levels for various retirement account types. We have included previous year maximums to illustrate what has…
Foster & WoodApril 10, 2024
There is a little known tax credit some taxpayers can receive for making contributions to a retirement account. This includes IRA’s, 401(k)’s and more. This is in addition to the tax deduction…
Foster & WoodFebruary 5, 2024
Virtually all major market averages were down during Q3 2023. US and International stocks were down as well as real estate and bonds. Interestingly, emerging markets stocks did better than…
Foster & WoodDecember 29, 2023
The second quarter of 2023 saw strong returns from US stocks, moderate returns from international stocks, and slightly negative returns from the overall US bond market. The bond market did…
Foster & WoodSeptember 18, 2023
The first quarter of 2023 was rocky. Most markets around the world were up significantly in January, only to drop in February, and then recover toward the end of the…
Foster & WoodApril 20, 2023
Stock markets around the world had a strong Q4 2022. US stocks were up 7.18%, and International Developed Stocks including Europe and Japan were up 16.18%, contrary to negative expectations…
Foster & WoodJanuary 20, 2023
There is a little known tax credit some taxpayers can receive for making contributions to a retirement account. This includes IRA’s, 401(k)’s and more. This is in addition to the tax deduction…
Foster & WoodJanuary 6, 2023
The maximum you can contribute to your 401(k) increased significantly for 2023. Below are the 2022 and 2023 amounts: Year …
Foster & WoodJanuary 6, 2023
Q3 2022 was a down quarter for stocks, bonds and real estate, continuing what happened in Q2 2022. US stocks did better than international stocks, and US small company stocks…
Foster & WoodOctober 17, 2022