by Kenny | Apr 9, 2020 | Uncategorized
Millions of Americans have been directly affected by the coronavirus pandemic, from both a health and financial perspective. With thousands of businesses shuttering to slow the spread of the virus, approximately 10 million workers have filed for unemployment benefits... by Kenny | Apr 8, 2020 | Uncategorized
By Sarah Brenner, JD IRA Analyst On March 27, the massive “Coronavirus Aid, Relief, and Economic Security Act,” or the “CARES Act,” was signed into law. The CARES Act includes a waiver of required minimum distributions (RMDs) for 2020. This waiver applies to company... by Kenny | Apr 7, 2020 | Uncategorized
April 7th, 2020 Chadd Mason, CEO The Cabana Group Market Swings Continue Among Coronavirus Optimism Equity markets continue to experience wild swings in both directions. Last week, we saw two big up days, mixed in with three down days. The S&P 500 finished down... by Kenny | Apr 6, 2020 | Uncategorized
By Andy Ives, CFP®, AIF® IRA Analyst Like most people’s lives, the retirement world is upside down. This is made evident by a single statement: “Required minimum distributions (RMDs) can be rolled over.” Yes, that is the new normal – at least for this year. RMDs are... by Kenny | Apr 2, 2020 | Uncategorized
By Ian Berger, JD IRA Analyst Question: The virus pandemic has prompted legislation that has eliminated the requirement for me to take a required minimum distribution (RMD) from my IRA for the year 2020. Am I therefore allowed to do a partial Roth IRA conversion in... by Kenny | Apr 1, 2020 | Uncategorized
By Ian Berger, JD IRA Analyst The recently-enacted “Coronavirus Aid, Relief, and Economic Security Act,” or CARES Act, includes special tax relief for IRA and company plan withdrawals made in 2020 and for company plan loans. Who gets relief? Both the distribution and...