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MDRN Capital Founder Aaron Cirksena brings the MDRN perspective to America’s money conversations.
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Tariffs: 4 Things Small Businesses Can Do Now To Survive
President Trump made tariffs on foreign countries a cornerstone of his “America First” campaign theme throughout the 2024 Election season. This week, he has announced 25% tariffs on Mexico and Canada with 25% tariffs, and China was hit with a 10% levy.
Read MoreRetirement Budget Help: We’re 65 With a $1.5 Million IRA and $4,200/Month in Social Security
Age 65 is a major transition for many individuals as they shift to thinking about retirement and begin to contemplate benefits like Social Security and Medicare. Retirement planning means you’ll have to consider taxes, healthcare, your retirement budget and more.
Read MoreTrump’s demand for rate cut unlikely to sway Federal Reserve
Despite President Trump’s pressure, economists expect the Fed to maintain current interest rates after they meet this week. The U.S. Federal Reserve is meeting this week to discuss interest rates, marking its first meeting under President Donald Trump’s second term.
Read MoreShould You Take a Loan From Your 401(k) Before Retiring?
You can take a loan from your 401(k) plan if necessary, but it runs the risk of jeopardizing your long-term retirement goals, so make sure to consider your options carefully. If you find yourself in a financial crunch, you have options to dig yourself out, such as borrowing from your emergency fund, a savings account or taking out a personal loan.
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