Market Review and Outlook: 3Q 2021

Glass Jacobson Wealth Advisors Investing, Economic Update Leave a Comment

Although global growth has slowed recently, the U.S. economy should fully recover from the pandemic during the first quarter of 2022. This will occur when actual GDP rises to the level of GDP forecasted by its long-term growth trend had the economy continued to expand instead of entering recession in the first quarter of 2020.

Market Review and Outlook: 2Q 2021

Market Review and Outlook: 2Q 2021

Glass Jacobson Wealth Advisors Investing, Economic Update Leave a Comment

The second quarter’s economic surge encourages a full recovery to pre-pandemic GDP by the end of 2021. Additionally, the robust economic recovery belies difficulties in the labor market as jobs and unemployment both rise above expectations, and pent-up demand is driving inflation higher, which is certain to test the Fed’s rate targeting policy.

529 Plan Reimbursements for Off-Campus Living

Michael K. Creamer, CPA, CFP®, CDFA, ADPA Investing, Tax Planning For Individuals, Personal Finance, Coronavirus 2 Comments

With college campuses opting for online classes during the COVID-19 outbreak, many students have been taking classes from home, and all indications are this will continue at least through the …