Coronavirus is an equal opportunity infector. Let’s put aside the way the media portrays “us versus them”, the partisan views of political parties, and realize we are all Americans and we all are being affected. Here are some feel good money tips.
Nobody Likes a Stress-Test… Until It’s Over Stress-testing your financial plan is never fun or easy, but it’s good knowing that your plan will hold up. Market corrections are going to happen, as evidenced by the corrections we are currently experiencing. Can’t you just see …
Late in December 2019, Congress passed the Secure Act and according to the title of the Act, the idea is making more American’s retirement secure. When you get to the nuts and the bolts of how the legislation effects IRAs, you find a completely different story.
What do you need to know about the SECURE Act that passed in December 2019? A look at the changes to RMD’s and the “stretch” provision.
While I do believe our economy will be affected by this global scare, I do not believe it will be nearly as dramatic as it has been up to this point. Most market indicators are positive.
A traditional IRA is a way to save for retirement with tax-advantages.
Here are some facts to consider.
The Secure Act does many things; here is a list of the biggest changes.
Understand your employer-sponsored plan! Before you can take advantage of your employer’s plan, you need to understand how these plans work.
Taxes can take a big bite out of your total investment returns, so it’s helpful to look for tax-advantaged strategies when building a portfolio.
There are two major issues that need to be dealt with when planning for retirement. First and most important is ensuring that you will have the income you need, and second is the necessity of having a plan.