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What You Need To Know About The CARES Stimulus Act And Your Retirement Accounts

The $2 trillion Coronavirus Aid, Relief and Economic Security (CARES) Act, signed by the President last Friday, provides bold stimulus measures to ease the pain and disruption of the COVID-19 pandemic. We’ve summarized below the key provisions affecting your retirement accounts. We stand by ready to answer your questions or explore which measures you should […]

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Social Security Switches To Online Services Only Due To Coronavirus

Got Social Security questions? Be prepared to spend some time online or on the phone. Social Security is cancelling in-person meetings and closing local offices until further notice to protect employees and customers from COVID-19. You can read more details in tax expert Kelly Phillips Erb’s column in Forbes. Online services are always the best option. […]

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Market Turbulence? Here’s How To Make Lemonade Out Of The Market’s Lemons

Market turbulence can be hard to deal with, but we know that market pullbacks are a normal and unavoidable part of investing, especially over the shorter-term. Unfortunately, no one can predict or control the market, and trying to eliminate market volatility can cause you to miss out on the generous long-term growth that market investments […]

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Digital 401(k) Statements Save Trees, But You Still Have To Read Them

Most employers nowadays are eco-friendly. Instead of mailing you a quarterly 401(k) statement, like they did in the old days, they email the statement to you or make it available to you digitally through a workplace portal. We’re all for saving trees. But, any statement, whether emailed or paper, doesn’t do you any good if […]

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Quote Of The Week: Aging In Place Is Easier Said Than Done

“Aging in place can be more challenging than you might expect. While most seniors say they want to age in place, a much smaller percentage of them actually manage to accomplish it, studies show.” Mary Kane, Associate Editor, Kiplinger’s Retirement Report, “Moves to Make Now To Age in Place,” January 28, 2020 The Takeaway: Most […]

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Retiring Soon? Why Contributing To Your Traditional IRA For 2020 Could Be A Smart Move

Confused as to whether a Roth IRA or Traditional IRA might be best for you? Mari talked with Kiplinger’s Personal Finance magazine about  how to choose between a Roth or Traditional IRA. The first thing to know is that the contribution limit of $6,000 is unchanged from 2019 (you can contribute an extra $1,000, for a […]

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2 Big Changes To IRAs You Need To Know About Right Now

You may have read that the SECURE Act made important changes to IRAs and other retirement accounts just a few days before year-end. But few people understand exactly how the changes will impact their IRA contributions and withdrawals in 2020, and which of those important changes take effect as of January 1, 2020. There’s a lot […]

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Take A Retirement Test Drive

Getting ready for retirement? Some people prefer to make an abrupt transition into retirement. One day they’re working, the next day they’re done forever. Others like to ease into it and kick the tires first. We talked to financial writer Alina Tugend of Kiplinger’s Personal Finance about the pros and con of taking a retirement […]

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BREAKING NEWS: Big IRA Overhaul Expected This Weekend

A major IRA, 401(k), and retirement overhaul is expected this weekend, catching almost everyone in the financial and retirement affairs community by surprise. After months of inaction, Washington insiders expect Congress to pass the long-delayed SECURE Act. Retirees could see a total revamp of IRA and Required Minimum Distributions rules, some positive, some definitely negative. […]

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