IHT Wealth Management

Exploring how AI, immigration shifts, and demographic trends are quietly reshaping the Labor Day workforce and what it means for the future of America’s labor market.

Labor Day Under Pressure: Demographics, Immigration, & AI This Labor Day, the labor force is facing divergent pressures from AI, demographic shifts, and new immigration policies.

Defense spending continues to rise making it a compelling area to watch as a potential buffer in volatile markets.

Defense Spending Could Protect Your Investment Portfolio Markets are volatile and geopolitical tensions are high. US Defense companies could provide solutions to both of those problems.

Stablecoins have become a bigger part of everyday finance, moving the crypto world into the mainstream.

Stablecoins Are Finally Stable Enough To Go Mainstream! New legislation regulating stablecoins could reshape huge parts of the banking and payments system both domestically and abroad.

As we approach our 10-year anniversary on June 27th, IHT is excited to introduce our new series, IHT Spotlight, where we feature one advisor each month across social media. Kicking off the series is Ryan Wittig, a seasoned financial advisor with 25 years experience who has been an integral part of IHT since its inception. Holding numerous certifications - CFP, Series7, and Life and Health Insurance licensing, Ryan's 25 year professional journey spans from Prudential Financial to Merrill Lynch before finding his home at IHT Wealth Management in 2014. To learn a bit more about Ryan’s approach, we asked him three questions which you can find below. Thanks for reading and we hope you enjoy. IHT

Q: What is your philosophy when it comes to financial planning and investment strategies?

A: Making a goal and planning early are key to achieving it. Whether it's retirement planning, saving for kids' college, purchasing a home, estate planning, etc., planning is key. Equally important is investing in the right vehicles to achieve that goal. Not every investment is right for every situation.

Q: How do you tailor your advice to meet each client’s unique circumstances and goals?

A: Everyone's situation is different and so are the solutions. We tailor a plan specific to each client. Some clients need extensive tax planning or want to maximize long-term growth; some want to maximize income; and some are risk-averse and need more guarantees. There are investments and plans for everyone; we need to fit the plan with the person.

Q: How do you help clients navigate market volatility?

A: Diversification is key, but we can also reduce volatility by using alternative investments. For example, structured notes (buffered notes) allow our clients to invest in many different indexes but gives them a downside “buffer” in case of a down market. Private Equity Funds that are “uncorrelated” to the public stock market so that they don’t ride the volatility of the stocks. There are also bond strategies like target-date bond ETF's that guarantee principal and protect against interest rate risk. These are some of the ways to achieve our client’s goals while reducing risk and volatility.

The typical fees charged for child care vary widely by state. The U.S. Department of Health and Human Services considers child-care costs to be affordable when they are at or below 7% of annual household income — but many families face costs far above that threshold.

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Reach out to the nationwide advisors at IHT Wealth Management to learn more!

Contact our team: https://rizzoyoung.biz/3P7Nmgy

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Contact - IHT Wealth Management Contact Us Send a message Online Form – IHT Wealth Management Contact info (855) 295-2828 [email protected]

Look, let’s be blunt; if you’ve been a value investor for the past few years, you’ve underperformed broad markets in a big way. Looking at your value portfolio today, you’re probably close to flat with where you were back in 2017, which obviously doesn’t feel very good when you look over at the Nasdaq NDAQ -1.5% and it’s up some 20% or more just this year.

Learn why it may be a good time to reexamine your portfolio and add value investments: https://rizzoyoung.biz/40zqH0Y.

You Should Give Value A Chance Growth has been flying high and Value Investing hasn't worked in a while, but that's about to change.

Fast-rising U.S. shelter costs — consisting of tenants' rent and owners' equivalent rent — were the top driver of inflation in 2022, but this may be a trend that has already shifted.

Shelter costs account for nearly one-third of the value of the consumer price index (CPI), making them the largest component by far.

New rents and home prices both softened in the second half of 2022, but because of the way shelter costs are measured, it could take nearly a year for those changes to be reflected in the CPI.

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Reach out to the nationwide advisors at IHT Wealth Management to learn more!

Contact our team: https://rizzoyoung.biz/3P7Nmgy

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Contact - IHT Wealth Management Contact Us Send a message Online Form – IHT Wealth Management Contact info (855) 295-2828 [email protected]

The bulk of Social Security benefits go to retirees, but Social Security is much more than a retirement program. Most Americans are protected by the Old-Age, Survivors, and Disability Insurance (OASDI) program — the official name of Social Security — throughout their lives.

At the Beginning of Your Career
Your first experience with Social Security might be noticing that Federal Insurance Contributions Act (F**A) taxes have been taken out of your paycheck. Most jobs are covered by Social Security, and your employer is required to withhold payroll taxes to help fund Social Security and Medicare.

If You Become Disabled
Disability can strike anyone at any time. Research shows that one in four of today's 20-year-olds will become disabled before reaching full retirement age.¹
Social Security disability benefits can replace part of your income if you have a severe physical or mental impairment that prevents you from working. Your disability generally must be expected to last at least a year or result in death.

When You Marry…or Divorce
Married couples may be eligible for Social Security benefits based on their own earnings or on their spouse's.

When you receive or are eligible for retirement or disability benefits, your spouse who is age 62 or older may also be able to receive benefits based on your earnings if you've been married at least a year. A younger spouse may be able to receive benefits if he or she is caring for a child under age 16 or disabled before age 22 who is receiving benefits based on your earnings.

When You Welcome a Child
Your child may be eligible for Social Security if you are receiving retirement or disability benefits, and may receive survivor benefits in the event of your death. In fact, according to the Social Security Administration, 98% of children could get benefits if a working parent dies.² Your child must be unmarried and under age 18 (19 if a full-time elementary or secondary school student) or age 18 or older with a disability that began before age 22.

At the End of Your Career
Social Security is a vital source of retirement income. The benefit you receive will be based on your lifetime earnings and the age at which you begin receiving benefits. You can get an estimate of your future Social Security benefits by signing up for a my Social Security account at https://rizzoyoung.biz/3mQVpol to view your personal Social Security statement.

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Reach out to the nationwide advisors at IHT Wealth Management to learn more!

Contact our team: https://rizzoyoung.biz/3P7Nmgy

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Contact - IHT Wealth Management Contact Us Send a message Online Form – IHT Wealth Management Contact info (855) 295-2828 [email protected]

If you are age 50 or older and still working, you have a valuable opportunity to super-charge your retirement savings while managing your income tax liability.

Catch-up contributions offer the chance to invest amounts over and above the standard annual limits in IRAs and workplace retirement plans.

2023 Limits
In 2023, the IRA catch-up limit is an additional $1,000 over the standard annual amount of $6,500. Participants in 401(k), 403(b), and government 457(b) plans can contribute an extra $7,500 over the standard limit of $22,500. For SIMPLE plans, the catch-up amount is $3,500 over the standard limit of $15,500.1

Tax Benefits
Contributions to traditional workplace plans are made on a pre-tax basis, which reduces the amount of income subject to current taxes. Contributions to traditional IRAs may be deductible, depending on certain circumstances.

If you are not covered by a retirement plan at work, your traditional IRA contributions are fully tax deductible. If you are covered by a workplace plan, you may deduct the full amount if your adjusted gross income is $73,000 or less as a single taxpayer or $116,000 or less if you're married and file jointly. If you are not covered by a workplace plan but your spouse is, you are eligible for a full deduction if you file jointly and your income is $218,000 or less.2

Contributions to Roth accounts do not offer immediate tax benefits, but qualified distributions are tax-free at the federal, and possibly state, level. A qualified distribution is one made after the account has been held for five years and the account owner reaches age 59½, dies, or becomes disabled.

Distributions from traditional accounts prior to age 59½ and nonqualified distributions from Roth accounts are subject to ordinary income taxes and a 10% penalty, unless an exception applies.

Still Time for 2022 Contribution
If you qualify, you can make a deductible IRA contribution for 2022 up until the tax filing deadline on April 18, 2023. The total contribution limit for someone age 50 or older in 2022 is $7,000. You can open a new IRA or invest in a current one, but be sure to specify the contribution is for the 2022 tax year. The income limits for a full deduction in 2022 are $68,000 for single taxpayers, $109,000 for married taxpayers filing jointly, and $204,000 for taxpayers who aren't covered by a workplace plan but their spouse is.2

Information accredited to .
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Reach out to the nationwide advisors at IHT Wealth Management to learn more!

Contact our team: https://rizzoyoung.biz/3P7Nmgy

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Contact - IHT Wealth Management Contact Us Send a message Online Form – IHT Wealth Management Contact info (855) 295-2828 [email protected]

Yussef Gheriani, Director of Investments at IHT Wealth Management, shared his expert insights on the latest trends in the banking sector, AI, and big tech in a recent interview on The Breakfast Show with Lynlee Foo and Ryan Huang on MONEY FM 89.3.

Listen now: https://rizzoyoung.biz/3M77FL6.

US Markets Wrap: Bank jitters alongside ECB hike & Fed talk; and should you bet on big tech and AI? Listen to this episode from Breakfast with Lynlee Foo and Ryan Huang on Spotify. Stocks closed lower for a fourth day running, coming on the back of renewed bank worries, The Dow too, turns negative for the year, pulling back 0.06% year to date, with declines in Boeing, Disney, Goldman Sachs and Ame...

We've always been lucky in having extremely talented people around me. So today, we are excited to continue that streak and announce a new addition to our leadership team at IHT. Starting June 1st, Matt Hilding will join us as our new President. After years (and years) of trying to bring him on board, we are thrilled that we have finally succeeded in convincing him to join our firm.

Matt is one of the most talented individuals in my industry, and we are incredibly fortunate to have him with us. He has an impressive background, having served as the Head of US Wealth for DWS, and we believe that his experience and work ethic will help us to continue to grow and improve our firm.

Please join us in welcoming Matt to IHT Wealth Management. We am confident that his leadership and expertise will take our firm to new heights, and we look forward to working closely with him as we continue to build and improve our business.