Troy Harmon, CFA, CVA, is joined by Principal Jennifer J. Thomas, CFP®, and Managing Associate K.C. Smith, CFP®, who take a look at a couple who received a recommendation to reduce their modified adjusted gross income to avoid paying more for Medicare.
The markets kicked off the week with gains as the Dow Jones Industrial Average and S&P 500 Index hit new record levels. Technology and Energy stocks led advancers as U.S. prices jumped 1.1% to settle at $57.99 a barrel. Trading was mixed on Tuesday, but both the Dow and S&P 500 closed at new record highs for the third straight session while the NASDAQ dipped into the red zone.