by Kenny | Jul 8, 2020 | IRA BLOG
By Andy Ives, CFP®, AIF® IRA Analyst As we have written on many occasions, the “Coronavirus Aid, Relief, and Economic Security Act” (CARES Act) waives required minimum distributions (RMDs) for 2020. This waiver applies to company savings plans and IRAs, including both... by Kenny | Jul 6, 2020 | IRA BLOG
By Ian Beger, JD IRA Analyst There’s been a flurry of recent government regulation of company retirement plans. Here’s a quick summary: Electronic Disclosure of Retirement Plan Documents On May 27, 2020, the Department of Labor published a final regulation making it... by Kenny | Jul 2, 2020 | IRA BLOG
By Andy Ives, CFP®, AIF® IRA Analyst Question: If someone took two IRA distributions earlier in 2020 that were considered RMDs, and now wishes to repay the cumulative amount back into the same IRA, are there any rules about the number of rollover deposits they can... by Kenny | Jul 2, 2020 | blog, Financial Services Newsletter, New Weekly Newsletter, Weekly Article, Weekly Newsletter
Now that we’ve entered a bear market for the first time since 2009, many pre-retirees are likely asking questions about the impact on their retirement savings. Will the stock market sell-off wipe out years of growth in their 401(k)s? Are there any steps that can be... by Kenny | Jul 1, 2020 | Market review and Outlook
-Darren Leavitt, CFA The financial markets continued to be volatile throughout June but were ultimately able to build upon May’s gains. Optimism surrounding the reopening of the global economy fueled investor’s risk appetite for cyclical issues such as financials and...