The cost of health care can pose a significant expense—and a big concern—for most investors. Whether your covered by a workplace health insurance plan or a public program such as Medicare or options under the Affordable Care Act (ACA), there’s a good chance that health care costs are top of mind for a lot of […]
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Alternative investments have long been associated with more exotic forms of investments. Perhaps this was because, as a broad asset class, they were typically available only to institutional investors or the very wealthy – often restricted to such investors by law (as hedge funds still are). Average individual investors rarely had access to them. That […]
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The CARES Act was signed into law on March 27, 2020 and includes a wide range of provisions to assist those affected by the COVID-19 pandemic. Recognizing the heightened importance of charitable giving and the need to maximize support of nonprofts providing critical relief and response services, the CARES Act includes key provisions designed to […]
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We have been getting a lot of questions surrounding the rules for the CARES Act, tax benefits, who qualifies and who does not. So we created this quick article to help. Coronavirus-related distributions What are the tax benefits for CRDs (coronavirus-related distributions)? Who qualifies and who does not? CRDs Available for 2020 Only $100,000 Overall […]
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Deciding when to take your Social Security retirement benefits is a crucial decision no matter when you make it. If you’re age 62 or over, claiming Social Security benefits in an uncertain job market might seem like a great idea. But you may want to press pause before you make one of the biggest decisions […]
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Most investors can’t afford a major portfolio loss. Active management can provide protection in volatile markets. Regular buy & hold strategies are often highly correlated with the market and with each other. Alternatively, active strategies can provide extra downside protection and useful diversification. Consider this: -In 2008, the S&P 500 was down 37%, whereas certain […]
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Roth IRAs are a powerful retirement savings vehicle—but should you trade in your traditional IRA for one? The answer comes down to TAXES. What makes them so popular is that money placed in a Roth IRA can grow tax-free and be withdrawn tax-free in retirement. Money you contribute to a traditional IRA also grows tax-free, […]
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Here’s a little more detail on the key provisions and some financial planning moves to consider: 1. 2020 RMDs Deadline Extended to August 31. The CARES Act waived RMDs from qualified accounts for 2020. If you took all or a portion of your RMD early, however, you were bound by the 60-day rollover rule, which […]
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In order to get an answer to our question we need to understand Risk and Return. Greater Risk, Greater Return Every investment carries risk. In general, the greater the level of risk you’re willing to take, the greater the potential return. Listed below are some simple tools that can help you manage market volatility for […]
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A College Savings Solution: Say Hello to a 529 Plan A 529 college savings plan is a simple way to save for your child’s education. We speak to a lot of investors and couples about saving for their child’s education. What we try to help out with is simple steps to save for college without […]
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