by Kenny | May 21, 2020 | Uncategorized
By Andy Ives, CFP®, AIF® IRA Analyst Question: Hi, My question is: Does the SECURE Act affect inheritors of a Roth IRA account? If so, in what way, and why – since it is not a pre-tax account? I look forward to your reply. Thanks. Regards, Vikram Answer:... by Kenny | May 20, 2020 | Uncategorized
By Sarah Brenner, JD IRA Analyst With markets down, many IRA owners are thinking this may be the time for a Roth IRA conversion. Converting when account values are down can be a good bargain. You pay a tax bill on a lower balance now in exchange for potential tax-free... by Kenny | May 19, 2020 | Uncategorized
May 18th, 2020 Chadd Mason, CEO The Cabana Group Markets Closed Up Big Today Amid Positive Coronavirus Vaccine Results The past week saw continued volatility as equities sold off Monday, Tuesday and Wednesday just below the 200-day moving average and right at the late... by Kenny | May 18, 2020 | Uncategorized
By Andy Ives, CFP®, AIF® IRA Analyst The coronavirus-related distribution (CRD) rules for Roth conversions have a gaping hole. An “affected person” (as we have defined in previous blogs), is entitled under the CARES Act to withdraw up to $100,000 from their IRA or... by Kenny | May 15, 2020 | Weekly Newsletter
“Jobs Friday” is usually a nerdy day for financial types and economists only. But everyone was watching the most recent jobs report. I had a big drink and told my family to remember May 8. For labor economists, it will be a day to remember. For the first time, even...