by Kenny | Jun 30, 2020 | Uncategorized
June 22nd, 2020 Chadd Mason, CEO The Cabana Group Covid-19 Cases Spike in the U.S. as Boeing Resumes 737 Max Test Flights The S&P 500 closed on Friday just below its 200-day moving average. This was the culmination of a 5% drop for the week. The Dow and Nasdaq... by Kenny | Jun 29, 2020 | Uncategorized
By Andy Ives, CFP®, AIF® IRA Analyst After a six-month sprint through a diabolical obstacle course of new laws, a pandemic, record unemployment, deaths, confusion and complete disruption of everyone’s professional and personal lives, this seems like a good time to... by Kenny | Jun 25, 2020 | Uncategorized
By Ian Berger, JD IRA Analyst Question: Hi Ed, If a person takes that 100k distribution, can they elect to split evenly in 2020-2022 as income? Or can they determine how to apply the income? Shannon Answer: Hi Shannon, Those persons who qualify for up to $100,000 of... by Kenny | Jun 24, 2020 | Uncategorized
By Ian Berger, JD IRA Analyst The IRS has extended the rollover deadline for required minimum distributions (RMDs) taken from IRAs or company plans in 2020. In Notice 2020-51, released on June 23, the IRS said that any unwanted 2020 RMDs can be repaid via rollover to... by Kenny | Jun 23, 2020 | Uncategorized
Are you acting in your clients’ best interest when it comes to rollovers? On June 30, the new SEC Regulation Best Interest (Reg BI) becomes effective. Reg BI establishes a “best interest” standard of conduct for broker-dealers when they make recommendations to clients... by Kenny | Jun 23, 2020 | Uncategorized
June 22nd, 2020 Chadd Mason, CEO The Cabana Group Which Way Will the Market Break? U.S. equity markets continue to be range bound but hold above the all-important 200-day moving average at 3000 (S&P 500). I read over the weekend that there remains a record amount...