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So far Mackey Advisors has created 141 blog entries.

2019 Economic Review

By |2020-02-06T19:26:59+00:00January 16th, 2020|Categories: Business Wise|

Even with slowing economic growth, 2019 proved to be a banner year for both stocks and bonds.  Favorable policy developments occurred that helped buffer the global manufacturing recession sparked by the trade war.  Key takeaways from the prior year show the U.S. is firmly in the late-cycle economic phase.  In the U.S., private investment growth is [...]

Tax Cuts and Jobs Act: Impact on Businesses

By |2018-01-11T19:55:52+00:00January 11th, 2018|Categories: On Our Minds|Tags: , , , , |

The Tax Cuts and Jobs Act, a $1.5 trillion tax cut package, was signed into law on December 22, 2017. The centerpiece of the legislation is a permanent reduction of the corporate income tax rate. The corporate rate change and some of the other major provisions that affect businesses and business income are summarized below. Provisions [...]

What Will You Pay for Medicare in 2018?

By |2017-12-28T14:28:40+00:00December 1st, 2017|Categories: On Our Minds|Tags: , , , , |

The Centers for Medicare & Medicaid Services (CMS) has announced that the standard monthly Part B premium in 2018 will remain $134 (or higher, depending on your income). In 2017, most Medicare beneficiaries who received Social Security benefits paid a lower monthly premium ($109, on average). However, this is likely to change in 2018. Due to [...]

Proposed Tax Reform Legislation

By |2017-12-27T21:14:47+00:00November 21st, 2017|Categories: On Our Minds|Tags: , , , |

On November 2, 2017, House Republicans released their comprehensive tax reform plan, the Tax Cuts and Jobs Act. Then, on November 9, 2017, Senate Republicans released their own plan. The two plans have much in common, but also have significant differences. Some key provisions of these tax proposals are discussed below. Of course, provisions may change [...]

Medicare Open Enrollment Begins October 15

By |2017-10-12T14:49:29+00:00September 29th, 2017|Categories: Personal Planning|Tags: , , , , |

What is the Medicare open enrollment period? The Medicare open enrollment period is the time during which people with Medicare can make new choices and pick plans that work best for them. Each year, Medicare plans typically change what the plans cost and cover. In addition, your health-care needs may have changed over the past year. [...]

The Equifax Data Breach

By |2017-09-14T14:08:45+00:00September 14th, 2017|Categories: On Our Minds|Tags: , , , , , |

On September 7, 2017, Equifax, one of the three main credit reporting agencies, announced a massive data security breach that exposed vital personal identification data — including names, addresses, birth dates, and Social Security numbers — on as many as 143 million consumers, roughly 55% of Americans age 18 and older.1 This data breach was especially [...]

Social Security and Medicare Trustees Reports: Financial Challenges Continue

By |2017-07-26T19:14:22+00:00July 27th, 2017|Categories: Personal Planning|Tags: , , , , , , |

Every year, the Trustees of the Social Security  and Medicare Trust Funds release reports to Congress on the current financial condition and projected financial outlook of these programs. The newest reports, released on July 13, 2017, discuss the ongoing financial challenges that both programs face, and project a Social Security cost-of-living adjustment (COLA)  for 2018. What [...]