IRA BLOG
Market Review & Outlook
Weekly Article
Market Review and Outlook
When It’s Time to Stop Saving for Retirement
Going from saver to spender is mostly a matter of psychology It's Time to Wind Down You've done all the right things—financially speaking, at least—in saving for retirement. You started saving early to take advantage of the power of compounding, maxed out your 401(k)...
A SYLLABUS ON PENALTY-FREE IRA WITHDRAWALS FOR HIGHER EDUCATION EXPENSES
By Ian Berger, JD IRA Analyst It’s that time of the year! College bills for the Fall semester are arriving, and you may be thinking of tapping into your retirement savings to help with the costs. If you’re under age 59 ½, be careful. Your withdrawal may be subject to...
Weekly Market Commentary
Weekly Market Commentary - 7/23/2021 -Darren Leavitt, CFA US Financial markets started the week off much as it had ended the prior week, in the red. A continuation of the peak growth narrative catalyzed further by increased Covid infection rates stemming from the...
4 ways to save enough now to retire in 10 years
If you want to retire in 10 years, it might be possible. But it'll require some work. Getting your finances in order now can help you meet your goal later. While everyone has a different budget and circumstances, it might be possible to retire comfortably sooner than...
IRA BENEFICIARIES AND INHERITED IRAS: TODAY’S SLOTT REPORT MAILBAG
By Sarah Brenner, JD Director of Retirement Education Question: Hi, I have a client who died in 2021 before taking his 2021 RMD. He designated various charities as beneficiaries of his IRA. The IRA custodian is advising the executor to take the RMD, however according...
10 NUA Q&AS
By Andy Ives, CFP®, AIF® IRA Analyst 1. What is the NUA (Net Unrealized Appreciation) tax break? It is the opportunity to pay tax at long-term capital gains rates on the appreciation of company stock held within a company plan vs. paying ordinary income rates on that...
5 TAKEAWAYS FROM ED SLOTT’S INSTANT IRA SUCCESS WORKSHOP
By Sarah Brenner, JD Director of Retirement Education On July 15 and 16, financial advisors from around the country gathered virtually for Ed Slott and Company’s Instant IRA Success workshop. We took a deep dive into the rules governing retirement accounts and engaged...
Weekly Market Commentary
Weekly Market Commentary - 7/16/2021 -Darren Leavitt, CFA Despite hitting another set of all-time highs, US financial markets ended the week lower. 2nd quarter earnings kicked off with better than expected results from the financials; however, banks shares generally...
ONCE-PER-YEAR ROLLOVER RULE AND ROTH CONVERSIONS: TODAY’S SLOTT REPORT MAILBAG
Ian Berger, JD IRA Analyst Question: Mr. Slott, Would a person who took a Coronavirus-Related Distribution from his IRA in 2020, with intent to repay within 3 years, be disqualified from taking a distribution and making a 60-day rollover in 2021 if it is within 12...
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