April 1, 2024 - Volume LII No. 7

IN THIS ISSUE...

  • Inflation Continues to Run Hot - Some Thoughts on TIPS, Gold, Stocks and Real Estate
  • If You’re Looking to Reduce Your Taxes, 2024 is a Great Year to Set Up a New Retirement Plan
  • Do You Own Any “American Funds” in Advisor-Managed Accounts?
  • Deleting Old Patient Files in the Age of Cyber-Extortion
  • When Terminating a Cash Balance Plan, Roll Your Account into Your 401(k) Plan Rather Than an IRA
  • Is a Sauna Tax-Deductible?

Inflation Continues to Run Hot – Some Thoughts on TIPS, Gold, Stocks and Real Estate

February’s CPI data revealed that inflation is ticking up at 3.2% compared to last year. Core inflation, which leaves out volatile food and energy to hone in on inflation’s underlying trend is up 3.8% from last year. Over the last three months core inflation is up 4.2% on an annualized basis. The Fed’s aggressive rate hikes may not have been sufficient in the face of numerous inflationary trends. These include U.S. households being much less debt-laden at any time since the Great Recession...