Centier News
The Good, the Bad and the Ugly of Interest Rates Hikes May 17, 2022 The primary tool the Federal Reserve (the Fed) uses to conduct monetary policy is the federal funds rate. Changes in this rate influence other interest rates as well as broader financial and economic conditions.1 When inflation is too high, the Fed typically raises rates to slow the economy and help...
Un-Retirement May 1, 2022 The pandemic led to many people retiring earlier than they had planned to, in part because so many businesses had to shrink their payrolls in response to the lockdowns. As the pandemic has eased, now the American economy has a labor shortage problem, resulting in employers raising wages to...
Inherited IRAs For Kids May 1, 2022 One of the hot estate planning strategies earlier in this century was to name a minor child as the surviving beneficiary of an IRA. The child would have to take Required Minimum Distributions (RMDs) from the IRA every year, but they would be calculated using the child’s life expectancy,...
Elder Abuse in Estate Planning May 1, 2022 This is a true story that took place in California. It is taken from court records, the names have not been changed to protect the innocent or the guilty.
Thomas and Wanda Tedesco had three daughters and a successful family...
6 Things That are Making Retirement More Expensive and What You Can Do About It April 19, 2022 As inflation trends at the highest levels seen in more than 40 years,1 it’s wreaking havoc on the budgets and spending power of consumers in the United States and across the globe. Inflation refers to the decrease in the purchasing power of money, which is reflected in an increase in the...
