<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=2055643904680562&amp;ev=PageView&amp;noscript=1">

The Caldwell Trust Company Blog

What You as an Employee Should Know About Retirement Plan Rollovers: Options, Steps, and Considerations

Posted by Tony Blasini, CPC, QPA

If your current or former employer offers a qualified retirement plan, such as a Profit Sharing, 401(k), 403(b), SIMPLE IRA or SEP, you can take your vested balance with you when you leave by “rolling over” the balance from your plan account to an IRA rollover account. If your rollover meets IRS requirements, the transaction will not be a taxable event and your money will continue to grow tax-deferred. Generally, rollovers must be made within 60 days of the money being distributed (unless it is a Direct or Trustee to Trustee rollover) in order to meet IRS requirements, although there are certain limited exceptions when the IRS may waive that requirement.

Read More
0 Comments | View Comments

Topics: Retirement Plan Services

Additional Tax Reform in Sight?

Posted by Chris McGee, CFA CAIA

We are always looking to add value to client relationships. One way to achieve this is to make our clients aware of potentialities that have a decent chance of becoming reality. Along these lines we want to give everyone a “heads up” on talk of additional tax stimulus which is gaining traction in political circles in D.C.

While attending an annual economic conference in Washington this spring the idea of indexing capital gains for inflation was brought up. Subsequently, a number of articles have appeared in the financial press, and of late an Op-Ed piece in the Wall Street Journal.

Read More
0 Comments | View Comments

Topics: Trusts & Estate Planning

Investor Sentiment - Signs of Economic Growth and Inflation Accelerating

Posted by Chris McGee, CFA CAIA

  • Stocks have strong week
  • Banks report mixed Q2 results
  • Many high-profile companies report earnings next week
  • Signs of economic growth and inflation accelerating

Equity returns were strong across the board last week as all three major domestic market indices advanced 1.50% or better. The Dow Jones Industrial Average is once again in positive territory for the year as the index gained 2.30%. Q2 earnings season kicked off with Pepsi turning in great results on Tuesday. Three big banks reported Friday and results were mixed. J P Morgan beat both top and bottom line estimates. Citi beat profit estimates but came up short on revenue expectations. Wells Fargo missed both revenue and earnings estimates. All three stocks traded off and the financials as a sector declined for the day. For all the positives supporting an advance in the banks and financials the sector continues to underperform.

Read More
0 Comments | View Comments

Topics: Market Preview

Your Digital Assets Can Be Protected: Here's 5 Assets To Consider Including When Estate Planning

Posted by Sandy Pepper

When most people are ready to develop their estate plan, they want to develop a strong plan for the future and ensure that all of their assets and property go to the right people. Yet many times, they forget about the online assets they use each and every day. That’s because it’s easy to overlook just how much these assets are worth and what happens to these assets when you go. For one thing, there’s the emotional value; your online activity is an extension of yourself. For another, there’s real monetary value — depending on the source, the average American has between $35,000 and $55,000 in digital assets.

Read More
3 Comments | View Comments

Topics: Trusts & Estate Planning, digital assets

Investor Sentiment - Major Equity Market Indices All Advance

Posted by Chris McGee, CFA CAIA

  • Major equity market indices all advance
  • Rotation over the last month into defensive sectors
  • Another strong quarter of earnings (Q2) about to begin
  • Yield curve is flattening once again

In the abbreviated trading week all three major domestic indices advanced. The NASDAQ lead the way with a gain of 2.37%, the S&P 500 advanced 1.52%, and the Dow Jones Industrial Average was up .76% for the week. The Dow’s performance was actually pretty good given the tariff situation. Health Care and Technology were the best performing sectors both up in excess of 2.50% on the week. Utilities and Telecom sectors also posted strong gains.

Read More
0 Comments | View Comments

Topics: Market Preview

Executive Summary - Monthly Market Commentary June 2018

Posted by Chris McGee, CFA CAIA

Half way through the year the domestic capital markets continue to consolidate as they have since the late January equity market sell-off and spike in Treasury yields. The fundamental underpinnings of the markets remain solid and increasingly the news flow out of Washington is dominating short term market action. With the exception of the technology driven NASDAQ domestic equity market returns are relatively flat with the S&P 500 index returning 1.67% and the Dow Jones Industrial Average down 1.81% at mid-year. The NASDAQ is up 8.79% for the year. Of note is the pick up in equity market volatility which has moved towards historically normal levels from the ultra-low levels of last year. Read More
0 Comments | View Comments

Topics: Market Preview

Caldwell is Ranked Top 25 in the State

Posted by Sheryl Vieira

Florida Trend Magazine — “The Magazine of Florida Business” — has named Caldwell Trust Company to its “Top Rank Book of Lists” for trust companies. The designation, for “Top Trust Banking Firms,” places Caldwell among the Top 25 in the State.

Read More
4 Comments | View Comments

Topics: In the News

Investor Sentiment - And More Tariff Talks

Posted by Chris McGee, CFA CAIA

  • Equity markets decline
  • The 10-Year Treasury yield drops slightly
  • NASDAQ declines over 2% for the week
  • Trade war and tariff talk hang over capital market action

All three major domestic equity indexes declined last week as tariff and trade war rhetoric intensified. From a quantitative perspective the tariffs threatened and imposed thus far by the Trump administration and our trading partners are immaterial within the context of aggregate global economic activity. The uncertainty it manifests for the capital markets and business is the larger point. Pundits are busy assessing various scenarios and outcomes. The headlines should continue for now. Hopefully, the commencement of Q2 earnings season in early July will offer a respite.

Read More
0 Comments | View Comments

Topics: Market Preview

The Top Assumptions You Shouldn't Be Making About Your Estate Plan

Posted by Gina B. Jordan, CFP® , CTFA

When it comes to estate planning, there is no shortage of good information available if you know where to look for it. However, there are also several common misconceptions people have that need to be dispelled.

Here are the top four worst assumptions you can make about estate planning:

Read More
0 Comments | View Comments

Topics: Trusts & Estate Planning

Investor Sentiment - Tariff Talks

Posted by Chris McGee, CFA CAIA

  • Tariff talks negatively impact markets Friday
  • NASDAQ still leads broad domestic markets
  • FOMC raises short term rates by .25%
  • Uneventful week that could have been eventful

Considering the news flow last week markets were amazingly quiet on continued subdued volatility. From a market perspective both the conclusion of the G-7 summit and President Trump’s meeting with North Korea early in the week were both uneventful. The Federal Reserve Open Market Committee (FOMC) did raise short term interest rates by .25% on Wednesday but the move was highly anticipated. The only market moving news was President Trump’s announcement Friday regarding trade tariffs on China. Domestic equity markets traded down on Friday morning subsequent to the news being released as did the yield on the 10-Year Treasury bond.

Read More
0 Comments | View Comments

Topics: Market Preview

 


 

Leave a comment for this blog post:

Follow Caldwell Trust Company

 facebook  twitter  linkedin  icon_youtube  icon_pinterest

Subscribe to Email Updates

Recent Posts