by Kenny | Nov 9, 2020 | Uncategorized
By Ian Berger, JD IRA Analyst Good news! You can look forward to somewhat smaller required minimum distributions (RMDs) from your IRA and company retirement savings plan beginning in 2022. That’s because, on November 6, the IRS released new life expectancy tables that... by Kenny | Nov 9, 2020 | Uncategorized
Weekly Market Commentary 11/6/2020 -Darren Leavitt, CFA It was an extremely busy week on Wall Street. The election results were top of mind for investors, and given the current expected outcome gave investors reason to buy risk assets. The Federal Reserve Open... by Kenny | Nov 5, 2020 | Uncategorized
By Andy Ives, CFP®, AIF® IRA Analyst Question: Great work you all do. Been a reader of Ed for a long time. How would this scenario work? New client of mine’s husband passed away in 2019 and he had not taken his RMD. The plan was to transfer the account to my... by Kenny | Nov 4, 2020 | Uncategorized
By Andy Ives, CFP®, AIF® IRA Analyst When a person under the age of 59 ½ takes a withdrawal from their IRA or company plan – like a 401(k) – there is a 10% penalty. However, this penalty can be avoided if the withdrawal qualifies for an exception. Some... by Kenny | Nov 2, 2020 | Uncategorized
October 30th, 2020 -Darren Leavitt, CFA Markets sold off in what was a hectic week. The earnings and economic calendar were stacked. Coronavirus infection rates ticked higher and induced lockdown measures in France, Germany, and the UK, which hindered sentiment. ... by Kenny | Nov 2, 2020 | Uncategorized
By Sarah Brenner, JD Director of Retirement Education The year 2020 has been a challenging one. With coronavirus cases rising in most of the country and economic relief stalled in Congress, many individuals may be looking to find funds to pay urgent bills. One...