Alyssa Potter Named to a list of Top Women Advisors in 2022
MCF is pleased to announce Alyssa Potter, Director of Institutional Services, has been named to the National Association of Plan Advisors (NAPA) 2022 list of Top Women Advisors.
MCF Perspective Moment - Market Update
In this month’s MCF Perspective Moment, Dave Harris, CEO, provides an update on interest rates and how the rate of change to money supply affects the economy. Dave also provides helpful historical context on consumer confidence and data showing how the S&P 500 has trended as we enter the third year of the presidency.
A Look into Tax Loss Harvesting
Tax Loss Harvesting is a term that gets thrown around frequently in the wealth management industry, but is infrequently accompanied by a definition, purpose, or real-life examples. Let’s look at what tax loss harvesting is, why it is important, and one example to help understand its value.
Understanding Capital Gains
A capital gain is generated from the sale of a capital asset, generally an investment-type asset. Not all capital gains are considered equal in the eyes of the IRS. A gain from the sale of a capital asset held for less than a year is considered a short-term capital gain and is taxed at ordinary income tax rates.
Student Loan Forgiveness
On August 24th, President Biden announced a plan to forgive student loan debt for millions of Americans. Learn more about how this may impact you and important tax considerations.
Update on Q2 2022 GDP
Last Thursday morning, the Bureau of Economic Analysis (BEA) released information on Q2 2022 Gross Domestic Product (GDP), a comprehensive measure of economic activity. Real (inflation-adjusted) GDP was negative for the second consecutive quarter. BEA data indicated that the economy contracted -0.9% in the second quarter, following a decline of -1.6% in the first quarter