Archive for January 2020

What is a good investment mix for someone in retirement?

Investing is like riding the volatility roller coaster. When I was a kid, you loved all the crazy fair rides. The more spinning and turning, the better. I remember adults saying they could not handle all that and I thought they just didn’t know how to have fun… Fast forward to a few years ago…

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SECURE Act (part 3)

A SECURE Act provision will make it easier and less expensive for small business owners to set up retirement plans for employees. The new rule will let more small businesses band together to offer what are called Multiple Employer Plans or MEPs. However, it could be a few years before small business employees without retirement…

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SECURE Act (part 2)

Stricter rules for post-death required minimum distributions curtail ‘Stretch IRAs’: The Secure Act requires most non-spouse IRA and retirement plan beneficiaries to drain inherited accounts within 10 years after the account owner’s death. This is a big anti-taxpayer change for financially comfortable folks who don’t need their IRA balances for their own retirement years but…

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Secure Act (part 1)

President Trump signed the SECURE Act the end of 2019 as part of the government’s spending bill and it will inevitably affect most retirement savers, for better or worse. The SECURE legislation — which stands for “Setting Every Community Up for Retirement Enhancement” — puts into place numerous provisions intended to strengthen retirement security across…

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