Revising Estate Planning Strategies
When the rules of the game change, your tactics should follow in response to the new landscape. While estate tax exemptions have ridden an uncertain roller coaster in recent years, the rules appear to be stabilizing after the passing of the Tax Cuts and Jobs Act, prompting many to reconsider estate planning strategies. In 2017, […]
New Cancellation for Federal Student Loans and Delayed Repayment to 2023
On August 24, 2022, just a few days before federal student loan repayment was set to resume, President Biden announced a plan for additional student loan debt relief. Federal student loan repayment was originally halted in March 2020 at the start of the pandemic. The new plan extends the payment moratorium through the end of […]
Weekly Market Recap – August 29, 2022
The Markets (as of market close August 26, 2022) Despite evidence that inflation may be slowing, the central bank is committed to fighting inflation, according to last Friday’s speech from Federal Reserve Chair Jerome Powell. Wall Street may have held out hope that the Fed would scale back its aggressive bent to reel in rising […]
Azzad Portfolios Achieve ‘Top Guns’ Designation from Informa Investment Solutions
Five strategies excel across multiple categories and reporting periods Azzad Asset Management announced today that five of its investment strategies have been awarded “Top Guns” designation by Informa Financial Intelligence’s PSN manager database, North America’s longest running database of investment managers. This quarterly ranking is used widely by asset managers and investors. PSN Top Guns […]
Weekly Market Recap – August 22, 2022
The Markets (as of market close August 19, 2022) The four-week rally for stocks came to an end last week. Investors turned cautious after Fed officials continued to support more interest-rate hikes. Each of the major benchmark indexes lost ground, with the S&P 500 declining for the first time in five weeks. Yields on 10-year […]
Weekly Market Recap – August 1, 2022
Positive economic news and corporate earnings data helped drive stocks higher last week. Although the Federal Reserve hiked interest rates another 75 basis points, investors may expect subsequent rate increases to be no more than 75 basis points, with the possibility of a slowdown in rate hikes in the not-too-distant future. Each of the major […]
Financial Advisor Magazine names Azzad Asset Management in 2022 RIA Survey and Ranking
Financial Advisor Magazine names Azzad Asset Management in 2022 RIA Survey and Ranking Annual ranking of registered investment advisors includes more than 500 firms FALLS CHURCH, Virginia (July 28, 2022) – Azzad Asset Management has been named in Financial Advisor Magazine’s 2022 RIA Ranking. The report is an annual survey that ranks registered investment advisors […]
Weekly Market Recap – July 25, 2022
The Markets (as of market close July 22, 2022) Stocks ended last week in the black, with the market posting its best week in a month. Despite a late-week decline, each of the major benchmark indexes posted solid weekly gains, led by the Russell 2000 and the Nasdaq. Bond prices rose, pulling yields lower. Crude […]
Now Might Be a Good Time for a Roth Conversion
One silver lining in the currently challenging environment for stocks is that this could be a good time to convert assets from a traditional IRA to a Roth IRA. Converted assets are subject to federal income tax in the year of conversion, which might be a substantial tax bill. However, if assets in your traditional […]
Weekly Market Recap – July 18, 2022
The Markets (as of market close July 15, 2022) Despite a late-week rally, stocks ended last week lower. A strong retail sales report for June showed continued economic strength, even in the face of rising inflation and concerns over an economic recession. Investors still aren’t totally sold on risk, however. Each of the major benchmark […]
