by Kenny | Oct 15, 2020 | Weekly Newsletter
Motivating people to save for retirement isn’t easy. Fraught decisions around when to start a nest egg, how much to set aside, and where to invest can be so overwhelming that inertia often sets in. Increasingly, economists who study this paralysis have shown that... by Kenny | Oct 15, 2020 | Uncategorized
By Andy Ives, CFP®, AIF® IRA Analyst Question: An 85-year-old died in 2020 and left his IRA to his 53-year-old son. Father did not take 2020 $107,000 RMD. Does the son have to take it? Does the son have to take anything in first 9 years, including this RMD? Thank you.... by Kenny | Oct 14, 2020 | Uncategorized
By Andy Ives, CFP®, AIF® IRA Analyst As Halloween approaches and the leaves change color, families gather ‘round weekend campfires, roast marshmallows, and share spooky stories. Watchful owls hoot in the dark. In the distance, a wolf howls at the moon. A rustle in the... by Kenny | Oct 13, 2020 | Uncategorized
By Sarah Brenner, JD Director of Retirement Educations For trusts that inherited an IRA in 2019, an important deadline is approaching. October 31, 2020 is the due date to provide required trust documentation to the IRA custodian to ensure that the longest payout... by Kenny | Oct 13, 2020 | Uncategorized
October 9th, 2020 -Darren Leavitt, CFA Markets extended their rally last week on optimism around another tranche of stimulus. Value-oriented small-cap cyclicals were in favor and sent the Russell 2000 up 6.4% for the week. The S&P 500 gained 3.8%, the Dow was...