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Markets in a Nutshell

Monday, August 25, 2008

Stocks dropped last week. The Dow lost 0.3% while the Nasdaq lost 1.5%. Both indexes remain in the red for the year with the Dow down 12.3% and the Nasdaq 9.0%.

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WCLV's Financial Opportunities Interviews Available

Steven Newman of WCLV's Financial Opportunities radio show interviewed both Ron Gross and Paul Orchosky. The audio for those interviews are now available for download.

Plan Limits for 2008

On October 18, 2007, the IRS releaseed the Retirement Plan Limitations and Cost of Living adjustments (COLA) for the 2008 Tax Year. Separately, the Social Security Administration announced the maximum taxable wage base for 2008.

For your convenience we have posted a table of the changes to the Plan Limits on our site.