Weekly Economic Update – January 12, 2024

WEEKLY ECONOMIC UPDATE Weekly Economic Update Presented by Moorman, Harting Financial Services, Ltd.,  Market Recap – Week Ending Jan. 12 January 16, 2024 Market Updates Stocks Mixed; Earnings, Retail Sales Data This Week Overview: Stocks around the world were mixed last week as markets digested new inflation numbers and absorbed increasing geopolitical tensions. In the U.S., the…

2024 Numbers to Remember

Social Security Wage Base – $168,600 – this is the amount of income that social security tax is required to be paid upon. This increased by 5% from 2023. HSA Contribution Limits Single: $4,150 Family: $8,300 An additional $1,000 contribution can be made for each individual aged 55 or older. IRA and Roth Contribution Limit…

Weekly Economic Update – December 15, 2023

WEEKLY ECONOMIC UPDATE Weekly Economic Update Presented by Moorman, Harting Financial Services, Ltd.,  Market Recap – Week Ending Dec. 15 December 18, 2023 Market Updates   Stocks Continue to Rally; Inflation Expected to Show Continued Progress Overview: Stocks across the globe continued to rally last week as major central banks left policy rates unchanged against the backdrop…