by Kenny | Apr 29, 2021 | IRA Blog
By Sarah Brenner, JD Director of Retirement Education Good news for retirement savers! There is more time to make your 2020 IRA contribution. On March 17, 2020, the IRS extended the 2020 federal income tax-filing deadline to May 17, 2021. The extension also extends...
by Kenny | Apr 28, 2021 | Uncategorized
Pandemic-related job losses forced many older Americans out of the workplace in the past year, perhaps permanently. But the COVID-19 crisis also seems to have delayed some retirements. Remote work eliminated commutes and often allowed more flexible schedules with...
by Kenny | Apr 26, 2021 | IRA Blog
By Ian Berger, JD IRA Analyst If you sponsor a solo 401(k) plan, beware! The IRS recently announced that it is targeting several employer plan areas for stepped-up auditing. One of those areas is solo 401(k) plans. The fact that solo plans made the list is a signal...
by Kenny | Apr 25, 2021 | Weekly Market Commentarfy, Weekly Market Commentary
-Darren Leavitt, CFA US equity markets finished mixed on the week as Q1 earnings continued to surprise to the upside. Markets pulled back sharply on Thursday on reports that the Biden administration will propose increasing the capital gains tax, and economic data...
by Kenny | Apr 22, 2021 | IRA Blog
By Ian Berger, JD IRA Analyst Question: Your newsletter is so helpful, and your book was a great resource to me when my mom passed away 5 years ago and I inherited her IRA. I am 76 and have not taken my RMD for 2021. Should I pass away and my wife age 69 transfers my...
