NOVEMBER 2023

Productivity is critical for economic growth, corporate performance, and higher living standards. We see several key factors that could sustainably boost U.S. productivity in the coming years. We discuss these factors, their impact on major sectors of the economy, and the resulting investment implications in our first article.

There have been complex changes to required minimum distributions over the past few years. While Secure 2.0 changed the beginning RMD age to 73, there’s confusion about when retirees need to start withdrawals. You also need to consider the rules for inherited accounts. Our second article clarifies the various scenarios that could impact you. Let us know if we can help you with these decisions.

This month's "What's Happening Now" section shares stories on memories of things that might have been in your grandma's house, an interesting shoppable vacation home, and 5 scenic train trips to consider. 



We'd like to hear from you. Please feel free to contact us by phone at 614-888-2121, toll-free 877-389-2121 or email jchornyak@janney.com with any questions or comments. 

Importance of Productivity

Productivity is critical for economic growth, corporate performance, and higher living standards. We see several key factors that could sustainably boost U.S. productivity in the coming years. We discuss these factors, their impact on major sectors of the economy, and the resulting investment implications in this piece.

Retirement withdrawal rules are ‘crazy’ this year, IRA expert says. Here’s what you need to know

There have been complex changes to required minimum distributions over the past few years. While Secure 2.0 changed the beginning RMD age to 73, there’s confusion about when retirees need to start withdrawals. You also need to consider the rules for inherited accounts, experts say.

What's Happening Now

If You Remember Your Grandma Having Any Of These Things In Her Home You Are Old Now

This Shoppable Vacation Home Serves Up Sun-Soaked Ambience

5 Scenic (and Cozy) Train Trips to Book This Winter

Market Update

Stocks declined for the third straight month in October, with each of the benchmark indexes listed here ending the month notably lower. The Nasdaq and the S&P 500 endured their worst October since 2018. The S&P 500, down for three straight months, had its worst three-month performance since the period ended June 2022. The Nasdaq also had its worst October since 2018, down about 11.0% over the past three months, marking its poorest three-month performance since the August-October period in 2022. This was not a good month for the Dow, which suffered its worst October since 2020. Market update provided by Broadridge Investor Communications Solutions, Inc.