As the country experiences the highest unemployment rate in US history due to COVID-19, it now becomes more critical to understand if funds from an employer plan should be rolled over to an IRA.  Reasons to leave the money in a workplace plan may include federal creditor protection under ERISA (Employee Retirement Income Security Act…

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If you have taken an RMD in 2020 before learning of the RMD waiver for the year under the CARES Act, there is still a chance for you to return – or roll over – your unwanted RMD to an IRA or company plan. It doesn’t matter when in 2020 you took your RMD.  The…

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It is commonly assumed that the stock market follows economic performance. In these abnormal times, such is not the case. While the month of April showed a global shutdown of businesses, rampant unemployment and low economic growth, the S&P 500 Index ended the month up by 12.9%, representing the highest one-month gain since 1987 and posting the fastest recovery of the fastest bear-market decline in 90 years, according to Investing Daily…

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