Insights with BWPG
Wall Street saw stocks close lower last week as investors soured on risk following the release of weaker-than expected economic data and inflation worries. Each of the benchmark indexes ended the week in the red.
Investments
Learn how TSP L Funds work, what they are made of, and how to decide between L Funds and individual TSP funds. Understand how glide paths change over time and why investing with purpose matters.
Risk is not the enemy. It is the price of progress.
The goal of financial planning is to understand it and take it intentionally.
Many companies are in the middle of open enrollment season so it is a great time to revisit the Health Savings Account (HSA)- a savings tool that is often overlooked but offers meaningful long-term benefits.
Taxes
A tax credit reduces the income tax you may have to pay. Unlike a deduction, which reduces the income subject to tax, a credit directly reduces the tax itself.
The window of opportunity for many tax-saving moves closes on December 31, so it's important to evaluate your tax situation now, while there's still time to affect your bottom line for the 2024 tax year.