Quick Hits: AEinsider | Tax Breaks | Market Ignoring Economy

11 Days until we know who the new leader of the free world will be.

Regardless of who that will be, people need a plan and they need you!  

Thank you for still working hard to get in front of the American people who need a plan and security during these times.

Good mixture of articles and value you can use this week with prospects and clients.

As always, if you have any feedback on how I can make this better, let me know!

Here are your Quick Hits:

October AE Insider is out!

o   Highlights:

§  Turnkey marketing content available in AE’s Marketing Kit Library

§  Can’t miss Client Event ideas

§  Go virtual with David Bach’s popular seminar, “Smart Women, Smart Retirement.”

§  A 34-box checklist helps consumers answer this pressing retirement question: “Have I saved enough money to retire?”

§  AE Wealth Management: Chris Radford interviews Alfie T. about attracting high net worth investors.

Bankruptcy filings surpassed the 2019 level in September.

o   Statistics by the American Bankruptcy Institute 

o   “fact remains that the US government, or any other government for that matter, cannot keep the tide of corporate and personal bankruptcies at bay forever.”

Don’t Forget about these Year-End Tax Breaks

o   “The second, potentially bigger change just for 2020 is that RMDs are waived altogether. Regardless of your age, if you were due to make an RMD in 2020, you don’t have to.”

o   “Many taxpayers are opting to use the new, higher standard deduction instead of itemizing deductions.”

The Stock Market is ignoring the economy – WSJ VIDEO

o   “Stocks are booming while companies shed millions of workers from payrolls. WSJ explains why the stock market seems disconnected from economic reality in the U.S.”

Social Security and Supplemental Security Income (SSI) beneficiaries will receive a 1.3 percent COLA for 2021.

Will a total Bond fund keep up with inflation?

What poker can teach us about making good decisions