12/18/16
FEATURED: Rich Behrendt Featured In Bloomberg News
Annex Wealth Management’s Director of Estate Planning, Rich Behrendt, J.D was quoted this past week in Bloomberg News. READ MORE
AXIOM + GRAPHIC = AXIOMAPHIC OF THE WEEK
Federal Reserve Moves Up Base Rate 0.25 percent
The U.S. Federal Reserve has moved up the benchmark interest rate by 0.25 percent to between 0.50 percent and 0.75, and signalled a faster pace of increases in 2017. It has taken Fed char Janet Yellen a year to notch up the benchmark. The increase was widely expected.
Source: https://www.statista.com/chart/7227/federal-reserve-moves-up-base-rate-025-percent/
BEST OF OUR RADIO PROGRAMS
Every week, Annex Wealth Management hosts two radio programs that inform and educate listeners. Here are some highlights from those programs.
What Does The Fed Interest Rate Hike Mean To The Economy?
WHBY’s Josh Dukelow and Annex Wealth Management’s Chief Financial Officer Derek Felske discuss the Fed’s announcement of an interest rate hike and the potential impact the announcement will have on the economy and the world of finance.
What Is “Quitaly?”
The Annex Wealth Management team discusses “Quitaly,” the recent vote by Italy which sought to reform the nation’s senate. The referendum failed, but the threat of nations leaving the EU continues to be real in the wake of Brexit.
Year End Tax Planning, Taxes Higher In 2016 & RMDs
The Annex Wealth Management team circles strategies to look into transitioning from 2016 to 2017. With projected changes in tax laws, there are a few concepts to consider, including RMDs, Medicare and deductions.
