Fact-Checking the Social Security Commissioner’s Email

Published on July 14, 2026

A deduction is not a refund. It reduces taxable income, and what it saves you depends on your tax bracket. For a retiree in the 12% bracket, a $6,000 deduction is worth about $720 in tax savings. For someone whose income is low enough to owe no federal tax, it’s worth nothing.

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Inside the Consumer Price Index: June 2026

July 14, 2026
Inflation affects everything from grocery bills to rent, making the Consumer Price Index (CPI) one of the most closely watched economic indicators. The Bureau of Labor Statistics (BLS) tracks this by categorizing spending into eight categories, each weighted by its relative importance.

Making Sure the ‘Great Wealth Transfer’ Doesn’t Turn Into the ‘Great Client Exodus’

July 14, 2026
Over the next 20 years, the industry’s great wealth transfer is expected to put more than $84 trillion in the hands of new family members and other beneficiaries as Baby Boomers increasingly enter their 80s. This large migration of assets could also signal a great client exodus for advisors, if they aren’t able to connect with the new stewards of this wealth.