Wealth Management

World Liberty Financial (WLF), a crypto project linked to Donald Trump, announced it raised $1 billion in token sales, while the newly launched $TRUMP memecoin soared to a $10 billion market valuation as Trump assumed his second term. 

 

Promising to usher in a "golden age" for cryptocurrencies, Trump has positioned himself as a pro-crypto leader, contrasting the regulatory stance of the previous administration. Launched two months before the election, WLF and its tokens, including $TRUMP and Melania Trump's $MELANIA coin, have sparked both excitement and ethical concerns.

 

The $TRUMP coin’s meteoric rise, briefly peaking at $74.59, highlights the speculative fervor in the market, though experts warn of potential legal and financial pitfalls. Critics argue these ventures blur the lines between political influence and speculative assets, raising red flags about conflicts of interest and regulatory oversight. 


Finsum: Despite skepticism, the launch has fueled a broader rally in cryptocurrency markets, with Bitcoin hitting record highs amid optimism about Trump’s crypto-friendly policies.

A key advantage of a 401(k) is its generous contribution limits, which allow workers under 50 to save up to $23,500 in 2025, not including any employer match. Those 50 and older can save even more, with a standard limit of $31,000. 

 

Thanks to a recent SECURE 2.0 Act update, workers aged 60 to 63 can contribute an additional $11,250 as a catch-up, bringing their total contribution limit to $34,750 for 2025. This higher limit, tied to inflation, could increase further in the future but reverts to $7,500 once participants turn 64.

 

Maximizing contributions is most beneficial for high earners looking to reduce taxable income while saving for retirement, but even smaller contributions can significantly impact long-term savings. 


Finsum: Advisors and investors should stay informed about future 401(k) changes to make the most of their retirement savings opportunities.

The NFC and AFC championship games are set, with the Eagles hosting the Commanders and the Bills facing the Chiefs for a spot in Super Bowl LIX. These matchups highlight intriguing storylines, from the Eagles' dominant roster depth to the Commanders’ reliance on rookie quarterback Jayden Daniels' exceptional play. 

 

Philadelphia's defense and Saquon Barkley’s consistency against Washington make them a tough opponent, but the Commanders’ opportunistic defense and run game could swing the odds in their favor.

 

Meanwhile, the Bills, led by Josh Allen, have shown resilience in close games, while the Chiefs will lean on Patrick Mahomes and their big-play threats, like Travis Kelce, to secure another Super Bowl appearance. In the AFC, Buffalo’s overall offensive efficiency gives them an edge, but Kansas City’s experience and home-field advantage cannot be underestimated. 


Finsum: Both games promise drama as teams vie for NFL’s ultimate prize, inclement weather could prove for a throwback championship weekend. 

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