by Springwater Wealth | Sep 18, 2018 | Newsletter
Ten years ago (September 15, 2008), Lehman Brothers, a prominent Wall Street investment bank filed for Chapter 11 bankruptcy. The financial system had been deteriorating for months and the federal government had already stepped in on several occasions to provide...
by Springwater Wealth | Aug 28, 2018 | Newsletter
If you have ever gone hiking or backpacking in a remote wilderness, the thought probably wasn’t far from your mind. An encounter with one might be exciting, but possibly dangerous or even deadly. A bear. The US stock market reached another major milestone on Friday,...
by Springwater Wealth | Jul 17, 2018 | Newsletter
The tax legislation that became law in December 2017 reduced the mandatory federal income tax withholding on certain types of compensation, including non-qualified stock options (NQSOs), restricted stock units (RSUs) and cash bonuses, from 25% to 22%. If you’re a...
by Springwater Wealth | Jul 3, 2018 | Newsletter
After attempting for several years to coax inflation back up to 2% in the US economy, the Federal Reserve has finally succeeded. The Commerce Department reported last Friday that consumer prices were 2.3% higher in May than they were the year before. Core inflation,...
by Springwater Wealth | Jun 18, 2018 | Newsletter
The trustees for Social Security and Medicare released a report on June 5, 2018 indicating that the benefits paid out by the Social Security program will exceed the program’s income for the first time since 1982. As a result, the trustees will be forced to draw down...
