by Kenny | Oct 16, 2022 | Uncategorized
Weekly Market Commentary – 10/14/2022 -Darren Leavitt, CFA Capital markets continued to be extremely volatile. All eyes were on the US Consumer Price Index (CPI) print on Thursday, which showed no signs of inflation moderating. The headline number increased by... by Kenny | Oct 13, 2022 | Uncategorized
By Ian Berger, JD IRA Analyst Follow Us on Twitter: @theslottreport Question: Hello, I inherited an IRA from my brother who passed away on January 6, 2022. His DOB was 12/31/1952. He had just turned age 69. I am 75 years old. My DOB is 6/26/1947. I understand the... by Kenny | Oct 12, 2022 | Uncategorized
By Sarah Brenner, JD Director of Retirement Education Follow Us on Twitter: @theslottreport If you are a victim of Hurricane Ian, you may be eligible for some relief when it comes to your retirement accounts. The IRS has postponed certain tax deadlines for individuals... by Kenny | Oct 10, 2022 | Uncategorized
By Ian Berger, JD IRA Analyst Follow Us on Twitter: @theslottreport Last Friday (October 7, 2022), the IRS waived the 50% penalty on missed 2021 and 2022 inherited retirement account RMDs for beneficiaries subject to the SECURE Act 10-year payout period. The guidance... by Kenny | Oct 10, 2022 | Uncategorized
Weekly Market Commentary – 10/7/2022 -Darren Leavitt, CFA Wall Street started the week with a broad rally but ended with a sizeable sell-off. The rally was predicated on a reversal in fiscal policy by new UK Prime Minster Liz Truss. Conflicting fiscal and... by Kenny | Oct 6, 2022 | Uncategorized
By Andy Ives, CFP®, AIF® IRA Analyst Follow Us on Twitter: @theslottreport Question: I must take an RMD this year, based on 12/31/2021 account values. My current account values are much less than those of 12/31/2021. This is typical, I’m sure. Is there any chance...