Category: In The News

2021 Tax Guide to Required Minimum Distributions

Posted on: March 24, 2021   |   Category: In The News

In the last year, there have been several rule changes to retirement plans. Many of these changes have been established to provide economic relief for those affected by the coronavirus. To make it easier for taxpayers, the IRS recently published a list of the most relevant ones. Here’s the breakdown:  New RMD Age – Owners […]

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2021 Tax Tips From The IRS

Posted on: February 22, 2021   |   Category: In The News

The IRS has made a big push in recent years to become a more consumer friendly organization. Their website now offers a plethora of practical and easy-to-read articles, and some of the information there can really help tax payers in the long run. If you’re interested in seeing some of the latest developments, you can […]

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5 Money Moves for Investors to Make Before Year-End

Posted on: December 16, 2020   |   Category: In The News

Let’s face it, this year has been tough both financially and mentally. To end the year on a high note, investors should perform a little portfolio management. Here are five of the best money moves to make before the end of 2020.    Maximize Your Retirement Contributions Why is maximizing your retirement contributions important?   Tax-Advantages – 401(k) and […]

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What Does a Biden Win Mean for Your Retirement?

Posted on: November 23, 2020   |   Category: In The News

After an election season like no other, Joe Biden has been voted in as the next President of the United States. Whether or not you’re happy with the results, having a new president leads to many questions. What changes will a new president make to public policy? Should I invest differently based on these changes? How will these changes affect my daily life […]

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7 Retirement Planning Mistakes to Avoid during Coronavirus

Posted on: November 6, 2020   |   Category: In The News

Covid-19 has caused many disruptions in our lives. You may feel overwhelmed while working from home, checking the stock market, and disinfecting everything in sight. However, despite all of the new changes and unknowns, now is not the time to lose sight of your financial goals.   Here are seven retirement planning mistakes to avoid during Coronavirus: Mistake #1: Not Revisiting your Budget   The […]

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5 Ways to Celebrate National Financial Awareness Day

Posted on: August 14, 2020   |   Category: In The News

Did you hear? August 14th is National Financial Awareness Day! Most likely it is not your favorite holiday, but one that can do you some good. The financial decisions you make now affect your future in that scenic retirement destination.   Here are five pieces of advice to take advantage of as you start your journey towards […]

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Is the 401(k) Still Working?

Posted on: July 24, 2020   |   Category: In The News

The 401(k) plan, like all retirement plans, was meant to incentivize people to save for retirement.  It accomplished this by officially offering some big tax incentives. Put money into the plan and reap the benefits. What happens, though, when the tax environment changes and those benefits disappear? In a recent Bloomberg Op-Ed, Aaron Brown details the 401(k) shift and explains why investors might want to reconsider.  […]

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Why the IRS CARES About RMDs

Posted on: July 1, 2020   |   Category: In The News

When the IRS releases new IRA information, it’s dry, boring, and usually just a technical thing that your accountant needs to know about. This time, though, the IRS update has some real need-to-know kind of news. It’s about the CARES Act and it can affect you right now. Let’s start with a quick overview and then move on to […]

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Covid and the Little Investor

Posted on: June 19, 2020   |   Category: In The News

Everybody and his sister has an opinion about Covid and the state of the world today. Although we don’t begrudge anybody their First Amendment right, it does make it hard to plan for a comfortable retirement.  Who are you supposed to listen to get your ducks in a row? Obviously, there are no guarantees in investments, but if you want to look for advice from […]

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Feds Find Favor in Freeing Funds

Posted on: June 8, 2020   |   Category: In The News

DOL Acknowledges Retirement Investing Can Extend Beyond Wall Street What does the Department of Labor have to do with your retirement planning? A lot. The DOL regulates the kinds of assets that your IRA and 401k can invest in and tries to make sure that brokers follow the Fiduciary Rule. In short, a broker or […]

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