Personal Finance and Investing Articles | Cove Financial Planning

The interest rate offered on Series I Savings Bonds dropped to 4.30% from 6.89% as inflation settles down.

Are you still earning 0.23% in your checking and savings accounts? Consider ditching your checking and savings accounts for a higher-interest (4%) account to keep better pace with inflation with your cash reserve.

Tax season is in full swing! Whether you self-file or use a tax pro, check out the most common tax documents and information you might need to file your 2022 tax return.

Tax brackets and maximum contribution limits to certain accounts changed for 2023 which could impact your financial plan and tax situation.

After months of debate, Congress finally passed some major changes to retirement laws at the end of 2022. Check out the biggest retirement-rule changes in the SECURE Act 2.0 for 2023.

Some investors worry about the probability of a market downturn after a recession is announced. History shows, however, that markets account for potential recessions far before their official announcement, and much more information is priced into market volatility outside of recessionary risks.

Rising interest rates can definitely weigh on stock-market returns, but it’s important to keep a few things in mind in this uncertain environment to make sure you stay on track towards longer-term goals.

The market continues its rollercoaster ride this year as inflation remains high. Despite all the uncertainty and media noise, there are plenty of planning and investment opportunities to make lemonade out of lemons.