THE YEAR IN BRIEF History will remember 2017 as a terrific year for equities. The Dow Jones Industrial Average advanced 25.08%, practically doubling its 2016 gain. Major tax reforms were passed in Congress, reshaping some of the fundamentals of the Internal Revenue Code. Bitcoin soared to dizzying heights, alarming some economists who saw a bubble ready to burst. While terrorism, devastating storms, and threats of war seized the headlines, the year was calm on Wall Street – nothing seemed to rattle institutional investors much, certainly not enough to cause a correction. Gold, oil, and other key commodities were up for

THE QUARTER IN BRIEF After a remarkable first quarter, the stock market cooled off slightly in Q2 – but investors still saw substantial gains. Strong earnings helped take Wall Street’s collective mind off a decidedly mixed bag of economic signals. Consumers remained confident as the quarter unfolded; although hiring, inflation, and consumer spending weakened. Home sales declined, then rebounded. Overseas, factory activity in China and the eurozone showed improvement, and foreign equity benchmarks continued climbing. Many commodities took sizable Q2 losses. When the quarter ended, the bulls were still firmly in charge.1     DOMESTIC ECONOMIC HEALTH As one quarter ends,

THE QUARTER IN BRIEF The opening quarter of 2017 was a historic one for Wall Street as the Dow Jones Industrial Average topped 20,000 for the first time. Equities rallied through January and February, then lost momentum in March; even so, the S&P 500 had gained 5.53% YTD when the quarter ended. The Federal Reserve raised the federal funds rate for only the third time in a decade, in response to strengthening inflation pressure and other signals of economic acceleration. Consumer confidence remained high. Commodities had a decidedly mixed quarter. New home sales improved, while existing home sales tapered off.

2017 tax guide

Presented by Paul E. Lewis, CFP®, CWS® Download your 2017 Tax Guide now. Securities and Advisory Services offered through Triad Advisors Member FINRA/SIPC. This Special Report is not intended as a guide for the preparation of tax returns. The information contained herein is general in nature and is not intended to be, and should not be construed as, legal, accounting or tax advice or opinion. No information herein was intended or written to be used by readers for the purpose of avoiding penalties that may be imposed under the Internal Revenue Code or applicable state or local tax law provisions.


How much can you contribute to an IRA or workplace plan this year? In 2017, you have another chance to max out your retirement accounts. Here is a rundown of yearly contribution limits for the popular retirement savings vehicles.  IRAs. The 2017 limits are the same as in 2016: $5,500 for IRA owners who will be 49 and younger this year, $6,500 for IRA owners who will be 50 or older this year. These limits apply to both Roth and traditional IRAs.1 What if you own multiple IRAs? This $5,500/$6,500 limit applies to your total IRA contributions for a calendar