by Kenny | Aug 21, 2023 | Uncategorized
By Andy Ives, CFP®, AIF® IRA Analyst Follow Us on X: @theslottreport When an IRA or retirement plan owner reaches a particular age, that account owner typically must begin taking required minimum distributions (RMDs.) The RMD is calculated based on the year-end... by Kenny | Aug 20, 2023 | Uncategorized
Weekly Market Commentary – 8/18/2023 -Darren Leavitt, CFA US equity markets fell for the third consecutive week. The S&P 500 broke its 50-day moving average and then sank below 4400. The sell-off has been on low volume, and the market may have been due to... by Kenny | Aug 17, 2023 | Uncategorized
By Sarah Brenner, JD Director of Retirement Education Follow Us on X: @theslottreport Question: I am struggling to find an answer to my situation. My wife’s 82-year old father passed away about 8 years ago and he was taking IRA distributions. A portion of his IRA was... by Kenny | Aug 16, 2023 | Uncategorized
By Ian Berger, JD IRA Analyst Follow Us on X: @theslottreport If you are subject to required minimum distributions (RMDs) and have annuitized part of your IRA, a recent law change could drastically reduce your RMDs. But, without IRS guidance, it may be difficult to... by Kenny | Aug 14, 2023 | Uncategorized
By Sarah Brenner, JD Director of Retirement Education Follow Us on X: @theslottreport The IRS unleashed massive confusion last year. To the surprise of many, it released proposed SECURE Act regulations requiring beneficiaries (on some occasions) to take required... by Kenny | Aug 13, 2023 | Uncategorized
-Darren Leavitt, CFA US Financial markets had another week of consolidation. Equities and US Treasuries sold off in tandem on light volume. An early week debt downgrade of 10 small to midsized banks and a notice that other downgrades may follow by Moody’s dampened...