Financial Resources & Insights

Medicare premiums, deductibles, and coinsurance amounts change annually. Here's a look at some of the costs that will apply in 2021 if you're enrolled in Original Medicare Part A and Part B.

The IRS publishes annual updates to IRA and retirement plan contribution and earning limits for eligible participants. Many IRA and retirement plan limits are indexed for inflation each year. While some of the limits remain unchanged for 2021, other key numbers have increased.

Your life, your dreams, and your goals are not average. To you and your family they are the most eminent goals in existence. Our job is to help you make decisions that are calculated and mathematical when it is useful, and to interject common sense into the situation when mathematics will not do.

The amended rules under the Coronavirus Aid, Relief, and Economic Security (CARES) Act provide flexibility for health-care spending related to the ongoing COVID-19 pandemic.

A major catalyst for difficulty in keeping our spirits elevated during periods of stock market calamity is a mistaken perception that stocks and bonds are money. Expecting securities representing claims on future income to act as stores of value in a system characterized by fluctuating interest rates is a recipe for disaster.

Throughout March 2020, as it became increasingly evident that the economic impact from the COVID-19 pandemic would be both profound and prolonged, Congress passed several pieces of legislation with provisions to help small businesses shore up their coffers and keep employees on the payroll.

The death of the longest Bull Market in history was swift, although not painless. As we survey our accounts and find individual stocks down significantly, we would be well served by implementing strategies to mitigate the impact of temporary declines, so that when security prices have recovered your tax position and net worth are enhanced.

On Friday, March 27, 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law. This $2 trillion emergency relief package is intended to assist individuals and businesses during the ongoing coronavirus pandemic and accompanying economic crisis.

Reviewing our philosophy on investment management and the various techniques and strategies that Basepoint Wealth and our advisors are implementing specific to portfolio and financial strategies during this period of heightened market volatility.

Since we have not experienced a bear market in over 11 years, it is important to remember that falling equity prices are a normal part of investing. It does not matter what panic we find ourselves mired in, it will feel like the worst, it will feel like it’s different this time, and it will feel like the world as we know it will never be the same.