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401(k) plans are retirement accounts established by companies, offering substantial tax benefits and flexibility. These accounts provide a secure avenue for employees to save for their future, ensuring financial stability during retirement. For most workers, they are the backbone of their retirement strategy. Whether you are enrolling in a new plan, on your way to ... Read more
The end of the year is a time to make critical planning decisions for your taxes, investments, and savings. It’s also a time to reflect on the previous year and consider what may change in the year ahead. Now is the time to create a personalized and proactive strategy that dynamically evolves to meet your ... Read more
Mortgage rates have finally dipped below 7%, but will they keep falling in 2026? This analysis dives into the three key economic scenariosāfrom a steady economy to a full recessionāthat will determine the Federal Reserve's path on future rate cuts. We break down what it would take to see 5% mortgage rates, what could send them back to 7%, and what the new 50-year mortgage proposal could mean for homebuyers.
The Federal Reserve cut its target for interest rates by 0.25% at the October meeting. For a long time, Fed Chair Jerome Powell has told us the Fedās decisions would be ādata dependent.ā However, with the government having been shut down for almost all of October, there is very little new data for the Fed ... Read more
At Facet, we believe managing your finances should be seamless and secure. For too long, the password has been a source of frustrationāhard to remember, a hassle to manage, and a real security risk. This isn’t just an inconvenience; it’s a common weakness for most. We all do itā reuse the same password across multiple ... Read more
Stocks had another strong quarter in 3Q. The Morningstar Global Markets index rose 7.57% for the quarter, ending just below the all-time high set in September. Gains were powered by enthusiasm for Artificial Intelligence, hope for Fed rate cuts, and strong flows from individual investors. However, there are a number of risks that also became ... Read more
The Federal Reserve cut its target interest rate by 0.25% at the September 17 meeting. This has Wall Street wondering what comes next. Is this the start of a series of rate cuts? Or will lingering inflation problems make future cuts difficult? Here are our views on these questions and more. Weakening labor market convinced ... Read more
The world of private investing can be challenging. There are some good investment opportunities out there, but there are also a lot of overly optimistic claims, false promises, and even outright scams. We happened to uncover an alleged scam when a Facet member asked us if they should invest in a certain private investment opportunity. ... Read more
Does this sound familiar? Itās that time of year again. The mailbox starts filling up with envelopes marked āImportant Tax Document Enclosed.ā You start a frantic search for receipts, log into a dozen different accounts to download statements, and feel a growing sense of unease. All kinds of questions come up. Did you sell any ... Read more
Thereās a lot for investors to worry about right now. Iām pretty worried that a recession could be on the horizon. Job growth has recently slowed rapidly, while consumer confidence remains low, and tariffs are just starting to have an effect. Meanwhile, the stock market is trading near all-time highs. Iāve got some concerns that ... Read more
We appear to be getting closer to President Donald Trump making a decision on who he will nominate to be the next Chair of the Federal Reserve. Current Chair Jerome Powellās term ends in May of 2026, but Trump has said he wants to nominate a replacement āsoon.ā Recent reporting suggests the search is down ... Read more
Although the Federal Reserve took no formal action at its July 30 meeting, this meeting was filled with intrigue. The market expected Fed Chair Jerome Powell to hint at a rate cut in September, but the Chair instead emphasized uncertainty. The job market is showing some signs of slowing, but inflation is probably also on ... Read more