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No one can predict when precarious situations will arise. Investments can lose value brought about by a broad decline in the financial markets due to economic or sociopolitical factors. This is the market risk that all stocks are exposed to. Some investors may accept more risk by keeping a large portion of their portfolios in…

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…

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…

The outbreak of COVID-19 has brought about the signing into law of the CARES Act (Coronavirus Aid, Relief and Economic Security Act) last March 27, 2020…

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…

Are you putting away enough in your nest egg to secure your retirement? A new law may just be a game-changer with far-reaching implications to IRAs, 401(k)s, RMDs and more.