by Charles Bobo | Jul 11, 2025 | Economy, Federal Interest Rates, Social Security
Trump’s Big Beautiful Bill establishes a lower taxation on Social Security Though the Big Beautiful Bill did not eliminate taxes on Social Security, it has provided some relief from the potential taxation of 85% of those payments through 2028. Hopefully these...
by Charles Bobo | May 7, 2025 | Economy, Federal Interest Rates, Retirement Planning
CDs are a good source for short-term growth and targeted use Ascend’s new CD rates are still in the 5% range, higher than most other institutions. These are offered for a 6-month term, targeting short-term savers with a specific purpose for the funds. The CD...
by Charles Bobo | Apr 5, 2025 | Federal Interest Rates, Retirement Planning
Trump feels with early Administration wins that lowering rates will help the economy further. Interest rates being reduced could help rebuild the economy. Trump is signaling some early wins for a strong recovery from recent high inflation experienced during the Biden...