by Kenny | Feb 5, 2023 | Uncategorized
Weekly Market Commentary – 2/3/2023 -Darren Leavitt, CFA Investors were hit with a full dose of market-moving events and data throughout the week. The Federal Reserve, Bank of England, and European Central Bank increased their respective policy rates. The Fed... by Kenny | Feb 1, 2023 | Uncategorized
By Sarah Brenner, JD IRA Analyst Follow Us on Twitter: @theslottreport The SECURE Act changed the game for inherited IRAs. For most beneficiaries, the stretch IRA is gone and has been replaced by the 10-year payout rule. However, the SECURE Act carved out some rules... by Kenny | Jan 28, 2023 | Uncategorized
Weekly Market Commentary – 1/27/2023 -Darren Leavitt, CFA Momentum trade pushed US equity markets higher and forced shorts to cover and those sitting in cash to move off the sidelines for fear of missing out on further gains. Fourth quarter earnings continued to... by Kenny | Jan 26, 2023 | Uncategorized
By Ian Berger, JD IRA Analyst Follow Us on Twitter: @theslottreport Question: If a person turned 72 in 2022, and died before starting her traditional IRA RMDs (required minimum distributions), must her three children take an RMD (based on their ages) in 2022 and for... by Kenny | Jan 26, 2023 | Uncategorized
By Ian Berger, JD IRA Analyst Follow Us on Twitter: @theslottreport The SECURE 2.0 Act, enacted into law on December 29, 2022, makes over 90 changes to the IRA and employer plan tax rules. If that isn’t enough, many of these provisions aren’t immediately effective and... by Kenny | Jan 26, 2023 | Uncategorized
By Sarah Brenner, JD IRA Analyst Follow Us on Twitter: @theslottreport SECURE 2.0 is now the law of the land and one thing is very clear. Roth-O-Mania is here! In their quest for more revenue, Congress has created more options to save with Roth accounts. These...