Market Recap: First Quarter 2021
The first quarter of 2021 was an eventful one. Additional federal stimulus payments lined many pocketbooks; a group of amateur traders banded together through social media to drive shares of video game company GameStop to astronomical heights; interest rates jumped, stoking fears that inflationary pressures were rapidly building; and equities ultimately enjoyed robust returns. Tech […]
Weekly Market Recap – May 17, 2021
Weekly Market Recap – May 3, 2021
Weekly Market Recap – April 26, 2021
Enhanced Child Tax Credit for 2021
If you have qualifying children under the age of 18, you may be able to claim a child tax credit. (You may also be able to claim a partial credit for certain other dependents who are not qualifying children.) The American Rescue Plan Act of 2021 makes substantial, temporary improvements to the child tax credit […]
Azzad Asset Management clients to donate nearly $10 million this Ramadan
Firm reports record-high totals for zakah-related charitable giving Falls Church, Virginia, April 20, 2021 — Azzad Asset Management, a socially responsible, faith-based registered investment advisor, announced today that its Muslim clients are expected to donate approximately $10 million in zakah-related charity during the holy month of Ramadan. Zakah–sometimes spelled zakat–is an obligation that practicing Muslims […]
Weekly Market Recap – April 19, 2021
Weekly Market Recap – April 12, 2021
A health savings account (HSA) can deliver triple tax benefits. Is one right for you?
An HSA has 3 tax benefits, not found in any other account type. First, contributions are tax-deductible. Second, there is no taxation on funds while they are growing in the account, and third, distributions taken for qualified medical expenses are tax-free. That’s a sweet deal! An HSA essentially offers you the tax-deduction and tax-deferral of […]