November 17, 2020 — The 2020 election has ushered in a new administration as well as the prospect for a divided government that could reduce the risk of dramatic tax changes. Major tax hikes are less likely to be implemented without Democrats controlling the House and the Senate. Two critical runoff elections in January will determine partisan control in the Senate. If both seats in Georgia go to Democrats, then the Vice President would break the tie in the Senate.
Stress testing is more important than ever as we enter another season of uncertainty.By stress testing your current portfolio you can see how it would likely have fared under different market shocks or stress scenarios and you can determine whether asset allocation shifts or goal adjustments need to be made.Stress testing balance sheets is equally important and can reveal liquidity gaps and cash flow continuity risks should a significant unexpected event take place.
September 1, 2020—Where and how you save your money can play a large role in your after-tax return as well as the after-tax paycheck you may need in retirement. A good question to ask yourself is: How can I help improve the tax efficiency of my investments? Director of Investment Planning and Portfolio Implementation Michael McIntyre discusses the importance of asset location in addition to asset allocation.