For taxpayers who are relying on their retirement plans on a month-to-month basis for living expenses, the expiration of the suspension won’t be an issue. For those who had extra cash on hand, however, it could provide something of a windfall this tax season.
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Oil Prices May Spike Again As 'Something is Off' With the Current Math, JPMorgan Says
Nine weeks into the Iran war, the global economy continues to lose record volumes of oil supply — yet prices have remained relatively contained and well below all-time highs. Those prices could soon change as "something is off" in the math, according to JPMorgan oil strategists.
Declining Quarterly Results in Ameriprise Advisor Departures
Ameriprise Financial’s latest quarterly results underscore the ongoing tension between organic growth strategies and industry-wide competitive pressures, particularly around advisor retention and recruiting. For wealth advisors and RIAs, the firm’s performance offers a useful case study in how large platforms are navigating asset flows, partnership transitions, and the escalating battle for talent.