Planned Solutions

US Market Test Key Level Series I Savings Bonds IRS Form 1099 - K

Informações:

Sinopsis

In this episode of the Planned Solutions Incorporated Podcast, The stock market is currently testing a key level that could impact the performance of the market over the first six months of 2022. After declining in January, and then falling further in March, the stock market is now testing its lows from March. Should the market rebound in May it may create a double bottom which could be a positive sign going forward. However, if the market declines further, dipping below the March / April lows, it could mean that another leg down will come before the market finds a bottom. Also, Series I US Government Savings Bonds are currently offering attractive interest rates. The rates on these bonds are based on the rate of inflation which is currently quite high compared to other interest rates. However, investors should understand the rules surrounding these bonds including the limits on the amount that can be purchased, required holding periods, and the income tax implications. And, In an effort to uncover untaxed