The Weekly Insight

Most families spend years worrying about the estate tax.Here's the reality: fewer than 2,000 deaths will trigger a federal estate tax payment this year. That’s 0.07% of all estates. The tax your heirs will actually pay isn't in the estate code. It's sitting inside your IRA. And there's a limited window — retirement to age 73 — to do something about it.Read more here: https://insightwealthgroup.com/the-weekly-insight-avoiding-the-hidden-inheritance-tax/

Two politicians. Same day. Completely opposite claims about what gas prices are doing to American households.Rep. Ro Khanna: $5,000 per household.Treasury Secretary Bessent: "All cylinders are firing. Gas prices are coming down."Both are wrong.So, this week we did the actual math.The real number is approximately $1,400 per year — or $117 a month — for the average household. That's the direct pump cost plus the hidden pass-through costs most people never connect to gas: freight, packaging, petrochemicals, home energy. Costs that show up weeks later as a 3-cent increase on a box of cereal or a slightly higher utility bill. And — critically — costs that don't reverse as quickly as the pump price when gas eventually falls.But the more important number is what $1,400 means when you put it next to what wages have actually done.Nominal wages are up 3.5%. Inflation is running at 3.3%. That leaves the median household with roughly a $245 real raise this year. When the energy burden gets added, real purchasing power turns negative for the first time since 2022 — across every income quartile, just at very different magnitudes.And that's before we get to what falling real wages have historically meant for the economy. Or why the market's current position near all-time highs is worth thinking about carefully.Read more here: https://insightwealthgroup.com/the-weekly-insight-the-math-problem-what-do-rising-gas-prices-really-mean/