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Retirement Times February 2023 Newsletter
February 2023 This month's Retirement Times discusses the following: Offboarding Employees from Your 401(k) Plan Three Risk Considerations for Utilizing Retirement Assets Four Plan Design Features to Help You Attract and Retain Talent Participant Corner - The...
The Morning View: February 3, 2023
Announced this morning, the economy added 517,000 jobs in January, much higher than expected and the previous month was revised higher. The Leisure and Hospitality industry was strong, adding 128,000 jobs, while the Motor Vehicle and Parts industry was relatively...
Am I Owed Escheated Funds? The Most Important Question Mineral Owners Don’t Ask
Do you have escheated funds held by the State? This is a question that many mineral owners never consider. Argent Mineral Management’s role is to advocate for our clients and take a proactive approach in our daily management practices. One example of how we do this is...
Argent Financial Group Rings the Opening Bell®
Argent celebrated the formation of our new Royalty Trust division today with a visit to the New Your Stock Exchange to ring The Opening Bell! Our CEO Kyle McDonald had the honor of ringing the bell. Also on the platform were Chris Holtzclaw, Reid Harrel and his wife...
The Morning View: January 27, 2023
Announced this morning, Personal Income increased 0.2% in December, as expected, and is lower than the previous month. Meanwhile, Personal Spending decreased -0.2% in December, slightly more negative than expected and Real Personal Spending which accounts for...
Three Areas of Focus to Build a Modern, Efficient and Consumer-Friendly Preneed Trust Program
The new year is upon us, so now is an ideal time to review your pre-need trust program to make sure it is operating – administratively and financially – at peak performance. Read more from experts at FSI and Argent Financial Group in the January issue of American...
Market Perspectives- January 2023
A New Year and a Crystal Ball • The S&P closed 2022 with a loss of 18.1%, the worst year since 2008. Returns year-to-date , have however, provided some temporary investor relief. • Consumer inflation levels continue trending downward following December’s CPI 6.5%...
The Morning View: January 18, 2023
Announced this morning, Retail Sales for December decreased -1.1%, more negative than expected and a larger decline than the previous month. In the month, Department Stores, down -6.6%, Gasoline Stations, down -4.6%, and Nonstore Retailers, down -1.1%, were weak....
Is the IRS’s Inflation Adjustment a Real-Life Post-Holiday Miracle?
As we exit this holiday season, I bring good tidings of great joy: The IRS is giving, through a new inflation adjustment for taxpayers (Rev. Proc 2022-38), a gift that may make investors’ 2023 a bit more merry and bright. Many investors are aware that a limit exists...
The Morning View: January 12, 2023
In this morning’s data, the Consumer Price Index decreased -0.1% in December, as expected and lower than the previous month, and grew 7.1% on an annual basis. Monthly prices for Utility (piped) gas service, up 3.0%, were strong, while monthly prices for Fuel Oil,...