AMJ Financial Blog

Monthly Archives: March 2017

Beware of Schemes During Tax Season

It’s tax season! Every year, around this time, the Internal Revenue Service (IRS) publishes its dirty dozen – a list of scams criminals use to try and ferret out personal information and/or steal money.1 For example, if you received an email from a top executive in your company or organization requesting data from IRS form… Read More

Market Commentary – March 27, 2017

You’ve read it before – and it’s true. Markets hate uncertainty. Failure to pass the American Healthcare Act, which was supported by Republican leaders in Congress and President Trump, may have spooked U.S. stock markets last week. In an article titled, “How To Make Investing Decisions Based On Politics: Don’t,” Nasdaq.com reported controversy over the… Read More

2017 Retirement Plan Contribution Limits

You’ve probably been told that one of the smartest financial moves to make is investing in your future by maxing out your retirement plan contributions. Traditional IRA and Roth IRA investors have had the same $5,500 limit for years, with a $1,000 catch-up contribution option for those 50 years of age or older. However, there… Read More

Market Commentary – March 20, 2017

Three steps and no stumble… Technical analyst Edson Gould developed a market rule of thumb known as ‘three steps and a stumble.’ It states stock prices may fall after the Federal Reserve (Fed) raises the Fed funds rate three times in a row without a decline, according to Market Technicians Association. [1] The idea is… Read More

Leaving a Legacy

Leaving a Legacy: 3 Differences Between Life Insurance and Roth IRAs If you’re planning on leaving a legacy for your children, grandchildren, or loved ones, you may be wondering how to do so in the most tax-efficient way. Both life insurance and Roth IRAs allow you to transfer assets from one generation to the next,… Read More

Market Commentary – March 13, 2017

Rate hike ahead…maybe. Last week’s U.S. employment report was better than expected. The United States added 235,000 jobs in February, which was a few more than economists had forecast. It may seem counterintuitive, but the positive economic data helped push U.S. stock markets lower. The jobs report was a sign the American economy continues to… Read More

Choosing the Right Financial Advisor in 5 Easy Steps

With evolving legislation working towards establishing a uniform fiduciary standard in the financial industry, you may be wondering if your financial advisor is prioritizing your best interest. IRAs, Roth IRAs, and other retirement accounts are ruled by constantly changing, complex laws, but working with a qualified, educated financial advisor can help you successfully navigate retirement…. Read More

Market Commentary – March 6, 2017

It was a grand slam. Major U.S. stock markets were positively euphoric following President Trump’s speech on February 28. Optimism about the new administration’s pro-growth policies propelled the four major U.S. stock indices to record highs, despite a dearth of policy details, reported Financial Times. It’s hard to pinpoint exactly why stocks have moved so… Read More

2017 Tax Planning

Taxes and retirement go hand in hand, and having a clear understanding of how your retirement assets will be taxed plays a crucial role in your overall financial plan. Proactive tax planning can help structure your retirement income and investments to take advantage of current tax laws, while avoiding costly pitfalls. Thanks to low inflation,… Read More

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