Individuals aged 60-63 can contribute up to $11,250 in catch-up contributions to workplace retirement plans. Employees earning more than $145,000 annually will be required to make catch-up contributions as after-tax Roth contributions….
Month: January 2025
FX Weekly Recap: January 6 – 10, 2025
Currency markets kicked off 2025 with a bang, as shifting U.S. trade policy expectations, unexpected political developments, and a wave of economic data threw rate cut expectations into question. Global risk…
Global Market Weekly Recap: January 6 – 10, 2025
Traders had plenty to chew on during the first full trading week of 2025, with financial markets getting cues from tariffs-related headlines, leading U.S. jobs indicators, and Fed policy biases. Risk…
IRS Proposal Requires Automatic Enrollment in 401(k) Plans
New 401(k) and 403(b) plans established after December 29, 2022, must automatically enroll eligible employees at a contribution rate of at least 3% of their pay. This rate will increase annually by…
Trade Case Study Update: AUD/JPY Short – Solid Analysis, Wrong Entry
Our short orders on AUD/JPY were narrowly missed before sellers took control and take the pair much lower on souring broad market sentiment. Let’s do a quick review to see what we…
California Halts Insurance Cancellations After Wildfires
In response to the devastating impact of the Palisades and Eaton wildfires, California Insurance Commissioner Ricardo Lara has issued a mandatory one-year moratorium on insurance non-renewals and cancellations for homeowners in fire-affected…
5 Reasons Why Newbies Give Up Forex Trading
Like many high-performance endeavors, success in trading takes time, patience, and a lot of practice. This is why not many newbies successfully trade currencies on their first try. In fact, popular trading…
What Is The Difference Between 403b and 457 Plans?
403b and 457 plans are specialized retirement plans for people who work in state or local government and related organizations. You cannot rely on your pension alone to take care of you…
Is It Worth The Price?
Benzinga is a platform offering real-time financial news and market analysis for investors who are looking for timely information to help them make informed trading decisions. It offers a 14-day free trial,…
Daily Broad Market Recap – January 9, 2025
With U.S. stock markets closed for the day, market participants turned their attention to changes in market sentiment, as well as the Challenger jobs report and Fed commentary. Risk assets had a…