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In addition to advancing philanthropic goals, strategic charitable donations may offer tax advantages.
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According to this year’s Trustees report, Social Security recipients might face a benefit cut in 2034 unless Congress acts soon to strengthen the program.
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Small businesses must now pay duties on low-value goods they could previously source inexpensively from China and elsewhere.
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Overreacting to market movements or trying to “time the market” by guessing its future direction can create additional risk that could negatively affect long-term portfolio performance.