The past two years have been remarkable for investors, with the S&P 500 posting back-to-back gains of over +20%.

The U.S. presidential election results fueled November’s stock market rally, as investors focused on the incoming administration’s policy agenda and its implications. The S&P 500 gained +6.0%, its biggest monthly return since November 2023.

The election is over, and global markets are analyzing the outcome and starting to adjust portfolios.

The economy is in uncharted territory. The Leading Economic Index (LEI), tracks ten data points that tend to change before the overall economy does, such as unemployment claims, building permits, and manufacturing hours worked. The latest data shows the LEI has declined for 30 consecutive months.

We believe that prudent financial management plays a crucial role in achieving a comfortable retirement. Let's explore a holistic approach to spending and preparing for retirement, guided by a balanced financial framework.

In this article, we'll delve into the intricacies of Coverdell ESAs, exploring contribution limits, tax implications, and other essential details to help you make informed decisions about your child's educational future.