by Kenny | Apr 29, 2021 | Uncategorized
By Sarah Brenner, JD Director of Retirement Education Good news for retirement savers! There is more time to make your 2020 IRA contribution. On March 17, 2020, the IRS extended the 2020 federal income tax-filing deadline to May 17, 2021. The extension also extends... by Kenny | Apr 26, 2021 | Uncategorized
By Ian Berger, JD IRA Analyst If you sponsor a solo 401(k) plan, beware! The IRS recently announced that it is targeting several employer plan areas for stepped-up auditing. One of those areas is solo 401(k) plans. The fact that solo plans made the list is a signal... by Kenny | Apr 25, 2021 | Uncategorized
-Darren Leavitt, CFA US equity markets finished mixed on the week as Q1 earnings continued to surprise to the upside. Markets pulled back sharply on Thursday on reports that the Biden administration will propose increasing the capital gains tax, and economic data... by Kenny | Apr 22, 2021 | Uncategorized
By Ian Berger, JD IRA Analyst Question: Your newsletter is so helpful, and your book was a great resource to me when my mom passed away 5 years ago and I inherited her IRA. I am 76 and have not taken my RMD for 2021. Should I pass away and my wife age 69 transfers my... by Kenny | Apr 21, 2021 | Uncategorized
By Andy Ives, CFP®, AIF® IRA Analyst This question (or a derivation of it) has been popular as of late: “I only participated in my 401(k) for a couple of months in 2020 before I was laid off. Does that still make me a ‘covered’ employee, and can I contribute to my... by Kenny | Apr 19, 2021 | Uncategorized
-Darren Leavitt, CFA US equity indices hit another set of all-time highs in what was a very busy week on Wall Street. First-quarter earnings season kicked off, with US Banks showing impressive results. Markets were well bid throughout the week and moved higher...