As we entered 2024, we anticipated economic normalization and a shift from monetary tightening to easing. We also emphasized the strong fundamentals of the "Magnificent Seven" (today’s dominant seven stocks) and the long-term benefits of Artificial Intelligence (AI). The stock market, particularly the Magnificent Seven and companies associated with AI, had strong positive returns in [...]
The IRS has released its annual inflation adjusted tax numbers for 2025. Below we have highlighted some of the most relevant updates for tax brackets, retirement contributions, and estate and gifting limits, as compared to 2024 figures. Individual Income Taxes Income Tax Brackets – Single Tax Filer 2025 2024 10% Up to $11,925 Up to [...]
The IRS has released its annual inflation adjusted tax numbers for 2024. Below we have highlighted some of the most relevant updates for tax brackets, retirement contributions, and estate and gifting limits, as compared to 2023 figures. Individual Income Taxes Income Tax Brackets – Single Tax Filer 2024 2023 10% Up to $11,600 Up to [...]
As we entered 2023, we asked ourselves; “What could go right?” After a tough year for stocks, bonds, and growth assets in 2022, it was important to start looking for opportunities. The S&P 500 ended 2023 up 26.3%, while the Bloomberg US Aggregate Bond Index ended the year up 5.5%. This was a dramatic positive [...]
CMH Wealth is pleased to announce we have moved our office to Portsmouth, NH. Our new address is: 100 Market Street, Suite 201 Portsmouth, NH 03801 Entrance on Hanover Street: Walk up the half flight of stairs to second floor and turn right. Our office will be straight ahead at the end of the hall. [...]
The S&P 500 closed 2022 down 18%, in sharp contrast to some very favorable market returns in prior years. At the close of 2021, the S&P 500 was up an astounding 26% annually, or 100% cumulatively, over the last three calendar years (2019, 2020, and 2021). While these returns were celebrated, they were then followed [...]
There are two basic estate planning tools to direct the distribution of your assets after death. The most basic option is to use a will that details the disposition of your property. Assets held in joint tenancy or accounts naming a beneficiary will not be controlled by a will, but other accounts, property, and personal [...]
A Roth conversion allows an investor to convert a portion of a pre-tax Individual Retirement Account (IRA) into a Roth IRA. Income taxes are due on the conversion amount. However, all future growth in that account is tax free. In addition to Roth conversions with IRAs, some 401(k) plans allow for after-tax contributions inside the [...]
The IRS has released its annual inflation adjusted tax numbers for 2022. Below we have highlighted some of the most relevant updates for tax brackets, retirement contributions, and estate and gifting limits, as compared to 2021 figures. Individual Income Taxes Income Tax Brackets – Single Tax Filer 2022 2021 10% Up to $10,275 Up to $9,950 [...]
Each year, CMH Wealth supports a non-profit doing important work in the area. For 2021, we were proud to support Swim With A Mission, Inc. through their K9 With a Mission Veterans Day Campaign. The campaign raised money to support two local organizations: Operation Delta Dog and Hero Pups. These organizations match trained dogs with [...]
