by Kenny | Dec 11, 2020 | Weekly Newsletter
Should US retirees delay claiming Social Security until age 70, even if they have to spend savings until then? The Center for Retirement Research at Boston College proposes that strategy as a default option in retirement plans. What do Social Security benefits and... by Kenny | Dec 10, 2020 | Uncategorized
By Sarah Brenner, JD Director of Retirement Education Question: I am 79 and still employed. My employer has an SEP for me and I have a Rollover IRA from a previous employer. Can I transfer my Rollover IRA to the SEP account? Thank you, George Answer: Hi George, There... by Kenny | Dec 9, 2020 | Uncategorized
By Ian Berger, JD IRA Analyst Thinking of using your IRA as a “short-term loan” to raise some extra cash for the holidays? What could go wrong? Well, actually, two major things could go wrong. And either could lead to serious tax headaches. Let’s say Chloe started... by Kenny | Dec 7, 2020 | Uncategorized
Weekly Market Commentary 12/4/2020 -Darren Leavitt, CFA US equity markets hit another set of all-time highs last week. Positive price momentum carried over from a strong November into the start of December, and more positive news on Covid-19 vaccines coupled with the... by Kenny | Dec 7, 2020 | Uncategorized
By Andy Ives, CFP®, AIF® IRA Analyst Recently we became aware of a multi-layered tax strategy that we think is a bridge too far when it comes to Coronavirus-related distributions (CRDs). In fact, it may even be outright tax fraud. As most readers are aware, the CARES...