by Kenny | Oct 21, 2020 | Uncategorized
By Sarah Brenner, JD Director of Retirement Education Question: Hello, If an individual has a solo 401(k), is this considered a “retirement plan at work” that would limit the deductibility of IRA contributions? Thanks! Susan Answer: Hi Susan, Being an... by Kenny | Oct 19, 2020 | Uncategorized
By Ian Berger, JD IRA Analyst With the popularity of Roth 401(k) contributions, after-tax employee contributions have gotten short shrift. But, if your plan offers them, after-tax contributions are worth considering because they can significantly boost your retirement... by Kenny | Oct 19, 2020 | Uncategorized
October 16th, 2020 -Darren Leavitt, CFA US Market averages were little changed for the week. The beginning of 3rd quarter earnings started with ho-hum results from the financials, some transports also missed the mark, and a high flying cloud computing company,... 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...