The countdown is on. Like seeing Santa in summer, the July 15th tax deadline is shocking – but real, and soon! You didn’t prepare while locked down inside your house this spring, so now the scramble starts. Here’s a three-set plan of attack to get your taxes done in the next few days: • Getting..
A new rule promulgated by the Securities and Exchange Commission known as Regulation Best Interest (Reg BI) goes into effect June 30. It promises to give investors a clearer picture of the fees and other costs they are paying, as well as the disciplinary history of brokers and advisers who are giving financial advice, although..
IRS says RMDs Can Be Returned If you took a Required Minimum Distribution at any time during 2020 – or even regular distributions on a monthly basis, you may return them to your IRA without penalty if you act by August 31st. Of course, the IRS announced in April that NO RMDs would be required..
One of the most tragic aspects of the coronavirus pandemic is that as of June 3, 42% of all COVID-19 deaths in the U.S. have come from nursing homes or assisted-living facilities. The statistics reinforce every senior’s desire to remain at home in his or her final years, which is only possible if you have..
The stock market has retraced practically all of its losses. If you gritted your teeth and rode it out, you have a right to feel smug. Or, at least, relieved. If you panicked and sold near the bottom, you’re likely kicking yourself with remorse. But now, you get a second chance to revisit your investment..
The recent economic, financial and social changes in our country have impacted not only our investments and financial planning but our entire view of the future as well. From a personal finance perspective, the current job losses will make it more difficult for many to retire on schedule, send children to college and make mortgage..