What if analysts predicted a recession and it didn’t happen? Brian Wesbury and Robert Stein of First Trust Advisors offer the numbers behind their optimistic view. You’ll soon be able to put more money away for retirement. The IRS has just increased the limits on deferral contributions, as Sally P. Schreiber reports for the Journal of Accountancy. Only 19 of Georgia’s 74 hospitals get an “A” grade for safety. Is your hospital on the list? The Atlanta Journal-Constitution covers the findings of the recent report.

No Recession On The Horizon — The US will eventually fall back into a recession. But those at First Trust Advisors don’t see it happening this year or next, and probably not in 2021, either. While they expect the economy to grow around 2.5% next year, some sectors won’t do quite as well. Earnings remain at solid levels in spite of the headwind of trade uncertainty, which should diminish in the months ahead. Read more…

Retirement Plan Contribution Limits Increase For 2020 — The IRS said Wednesday that the limit on elective deferral contributions to Sec. 401(k) plans, Sec. 403(b) plans, most Sec. 457 plans, and the federal government’s Thrift Savings Plan will increase from $19,000 in 2019 to $19,500 in 2020. The catch-up contribution limit for those 50 and older will increase to $6,500 from $6,000 in 2019 (Notice 2019-59). Read more…

These Are Georgia’s Safest Hospitals — About a quarter of Georgia’s hospitals received top marks for safety, according to a new report. The findings — published by The Leapfrog Group, a nonprofit that looks at safety in health care — gave 19 of Georgia’s 74 hospitals an “A” grade for safety. The new findings mark two decades since the Institute of Medicine’s To Err Is Human report, which found that nearly 100,000 lives are lost every year due to preventable medical errors. Read more…

John R. Day, Bill Ennis, Stephanie Hall, and Matt Heller

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