Our Blog

Social Security Fairness Act

The Social Security Fairness Act was signed into law on January 5th and will impact any recipients whose Social Security benefits have been reduced due to WEP (Windfall Elimination Provision) or GPO (Government Pension Offset). If you fall into this category, here are the key highlights:

Reflection

At Bond&Devick, teamwork is central to everything we do. Collaboration and shared responsibility define how we work, including contributing to our monthly communications. This month, we are pleased to feature Sabrina Fay, who recently celebrated her first anniversary.

Bond&Devick welcomed Deuce to the Bond & Devick Wealth Partners team in August 2024. Since joining the firm, Deuce has been training closely with Rachel, Zack, and Rob. As a member of the wealth management team, he is focused on supporting advisors and assisting with client account servicing, helping B&D continue to provide an exceptional client experience. 

American voters re-elected Donald Trump as the 47th President of the United States. The divisions in our country are strong, but we believe our people and our institutions have the resiliency to continue to move our country forward.

We know the upcoming election is top of mind and what could (or could not) be affected by the outcome. Here are some snippets on a few leading topics.

TRADING VS. INVESTING AND HOW MARKETS REACT DURING ELECTIONS: 

This will be the 11th Presidential election we’ve guided clients through since Penny Bond founded the firm in 1982. We have weathered many shifting political landscapes over the decades, but we believe the current trends in voter demographics and engagement are noteworthy.

Election season is upon us and for those in Minnesota, we know that means fall is coming (and eventually, snow). Given the current election landscape, it is hard not to draw parallels to the 1968 election.

Here Come the Conventions! 

No surprise. Here we are at the highly anticipated FOMC’s June meeting, and the outcome is underwhelming. Despite last month's unexpected drop in inflation to 3.3%, the Federal Reserve is holding interest rates steady at the 5.25%-5.5% range until there is a clearer indication of slower economic growth.

According to Dr.