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.
Charlie Bowers discusses market volatility, especially as it applies to the current coronavirus scare.
Instead of continuing to get caught up in the fearful narrative that surrounds this novel coronavirus and has thus pummeled our markets, let’s look at the positive side of things. To do this, we need to focus our attention on company financials, hard data and key economic indicators – all of which are positive right now.
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.
What are the money challenges unique to marriage? Are you and your spouse having the right conversations? Do you have the same financial destination?
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.
Even when following the philosophy of a proven successful investor, care has to be taken. Thus the acronym “ABC” may have a new meaning behind it – Always Being Careful.