by Kenny | Jul 8, 2020 | Uncategorized
By Andy Ives, CFP®, AIF® IRA Analyst As we have written on many occasions, the “Coronavirus Aid, Relief, and Economic Security Act” (CARES Act) waives required minimum distributions (RMDs) for 2020. This waiver applies to company savings plans and IRAs, including both... by Kenny | Jul 8, 2020 | Uncategorized
July 7th, 2020 Chadd Mason, CEO The Cabana Group Midyear Outlook: Acknowledging Where We Are To start, I hope everyone had a safe and restful July 4th holiday. Time spent with family and friends is what matters most. The older I get the more that reality sinks in. I... by Kenny | Jul 6, 2020 | Uncategorized
By Ian Beger, JD IRA Analyst There’s been a flurry of recent government regulation of company retirement plans. Here’s a quick summary: Electronic Disclosure of Retirement Plan Documents On May 27, 2020, the Department of Labor published a final regulation making it... by Kenny | Jul 2, 2020 | Uncategorized
By Andy Ives, CFP®, AIF® IRA Analyst Question: If someone took two IRA distributions earlier in 2020 that were considered RMDs, and now wishes to repay the cumulative amount back into the same IRA, are there any rules about the number of rollover deposits they can... by Kenny | Jul 1, 2020 | Uncategorized
-Darren Leavitt, CFA The financial markets continued to be volatile throughout June but were ultimately able to build upon May’s gains. Optimism surrounding the reopening of the global economy fueled investor’s risk appetite for cyclical issues such as financials and... by Kenny | Jul 1, 2020 | Uncategorized
By Sarah Brenner, JD IRA Analyst IRAs are supposed to be for saving for retirement but in challenging economic times like these many individuals may be forced to take distributions before retirement age. Be careful! If you tap your IRA before reaching age 59 ½, the...