Retirement Plan Sponsors

U.S. stock prices moved higher as investor sentiment has improved, despite a weaker outlook for the business cycle.

The “golden ratio” is a mathematical concept that has influenced civilizations and cultures for centuries. Its direct influence ranges from the design of the Egyptian pyramids to modern-day database management and encryption. It is no surprise that the 60% equity and 40% fixed income (60/40) asset allocation has become a symbol of balance and symmetry in portfolio theory. It is an empirically beautiful and truly harmonious keepsake in the field of portfolio management.

One of the provisions in the new SECURE 2.0 Act permits a 529 Plan account beneficiary to roll unused dollars from a 529 Plan into a Roth IRA. But watch out! The SECURE 2.0 act specifies rules and conditions that must be met before the 529 Plan funds can be safely rolled into the Roth IRA.

U.S. stock prices settled back in with mixed results across major indexes.

U.S. stock prices rose again in the second week of the year as investors digested a softer inflation report and companies begin to report fourth quarter results.

The Secure 2.0 Act is a piece of legislation designed to improve retirement security for Americans. Among other things, the Act includes provisions to expand access to employer-sponsored retirement plans, increase catch-up contributions and retirement plan limits, and introduces new Required Minimum Distribution (RMD) rules.

The Consolidated Appropriations Act of 2023 signed into law on December 29, 2022, contains the long-awaited provisions of SECURE 2.0. This is a counterpart to the original Setting Every Community Up for Retirement Enhancement Act (SECURE Act) of 2019. SECURE 2.0 enhances and builds upon the original to help increase retirement savings in America.

U.S. stock prices regained their footing as most major indexes ended in positive territory for the first week of the year.

U.S. stock prices finished with modest losses for the final week of the year. The S&P 500 closed out the year down more than 18% as investors grappled with higher interest rates and a slowing economy.

The shortest day of the year is near. For some, the winter solstice is that day each year when the Earth’s northern hemisphere leans farthest from the sun, offers a mere 9.5 hours of daylight, and when, quite often, we first encounter those frigid winter temperatures.

U.S. stock prices experienced another volatile week as growing fears over continued monetary tightening pushed the S&P 500 down (-2.05%) for a second consecutive week.

U.S. stock prices gave back much of the previous two week's gains as some surprisingly stronger-than-expected economic data dampened hopes that the Federal Reserve may slow its monetary policy tightening.

U.S. stock prices ended the volatile trading week higher as markets rallied on the growing belief that the Federal Reserve may slow the pace of its interest rate hikes.

U.S. stock prices rose last week as the Fed noted that they will consider slowing the pace of interest rate hikes at the next meeting in December.

Lexington was honored to host some of the finest thoroughbreds in the world during the Breeders’ Cup World Championship. As we reflect on that experience and the international flair accompanying it, it’s hard not to contemplate at least some of the potential implications our local experiences may have for the world beyond. Inflation, perhaps?

U.S. stock prices declined last week as investor sentiment shifted on mixed economic data.

U.S. stock prices surged last week as investor sentiment improved with the most recent inflation data.

U.S. stock prices declined last week as hawkish sentiment from Fed Chairman Powell's press conference dashed hopes for an impending pivot in monetary policy.

U.S. stock prices advanced last week as investor sentiment improved for risk assets. Investors have been concerned that companies would report less favorable earnings and analysts would be forced to lower expectations for growth next year.

U.S. stock prices regained traction as investors reacted positively to some prominent earnings reports and signs that the Federal Reserve might slow its pace of interest rate hikes.