by Kenny | Apr 3, 2023 | Uncategorized
Higher education expenses can be steep. Fortunately for those under the age of 59 ½ who need to dip into retirement savings to cover these costs, there is an exception to the 10% early withdrawal penalty. Before tapping your IRA, be sure to understand the fundamentals... by Kenny | Apr 3, 2023 | Uncategorized
Weekly Market Commentary – 3/31/2023 -Darren Leavitt, CFA Global equity markets ended the first quarter with impressive gains as concerns surrounding the banking system eased. A two-day congressional hearing on the failure of Silicon Valley Bank catalyzed the... by Kenny | Mar 30, 2023 | Uncategorized
By Ian Berger, JD IRA Analyst Follow Us on Twitter: @theslottreport Question: In a recent blog post, you said that the deadline for contributing to a Roth IRA for 2022 is April 18, 2023. Does that include converting a traditional IRA to a Roth? Answer: You can make a... by Kenny | Mar 29, 2023 | Uncategorized
By Ian Berger, JD IRA Analyst Follow Us on Twitter: @theslottreport When you leave your job and aren’t fully vested in your company plan account, the plan will forfeit your unvested portion. Recently, the IRS issued new guidance clarifying the forfeiture rules.... by Kenny | Mar 27, 2023 | Uncategorized
By Sarah Brenner, JD Director of Retirement Education Follow Us on Twitter: @theslottreport The Federal Deposit Insurance Corporation (FDIC) has been in the news recently as bank failures have made headlines. The FDIC is an independent agency created by Congress. It... by Kenny | Mar 26, 2023 | Uncategorized
Weekly Market Commentary – 3/24/2023 -Darren Leavitt, CFA Global markets sighed in relief with the announcement that the Swiss National Bank had brokered a deal, combining Credit Suisse with UBS. Investors had been worried that troubles within Credit Suisse...