Social Security and Medicare Face Financial Challenges
Read highlights of about the current financial condition and challenges both Social Security and Medicare face.
Tapping Retirement Savings During a Financial Crisis
While the CARES Act made it easier to access money in retirement plans, understanding these new guidelines and other rules for loans and early withdrawals may help you determine if this is an appropriate option during a financial crisis.
Pandemic Investing: Don’t Touch Your Face; Don’t Touch Your 401(k)
In this week’s case study, the “Money Talks,” hosts take a look at how the COVID-19 pandemic has affected 401(k) savings and provide some tips for keeping your 401(k) on track.
Retiree Confidence Drops in 2020, as Some Workers Worry
How has the first quarter of 2020 affected retirement confidence?
IRS Provides Answers to a Few Coronavirus-Related Distribution Questions
Need to tap your retirement accounts for coronavirus-related reasons? We explain how the IRS is addressing the tax issues.
Running Low on Money? Congress Has Made it Easier for You to Tap Your Retirement Savings
If you are struggling financially due to the COVID-19 epidemic, the CARES Act makes it easier for you to access your retirement funds during this emergency.
Coping with Market Volatility: Be Willing to Take Advantage of Market Downturns
A volatile market is never easy to endure but learning from it can better prepare you and your portfolio to weather and take advantage of the market’s ups and downs.
Expanded Guidance for Recontributing 2020 RMDs
The IRS has extended the 60-day rollover window that may allow IRA account holders who have taken an RMD for 2020 to recontribute funds now that RMDs are waived for the year.
In the News: Should you consider a Roth conversion during this market downturn?
In the Marietta Daily Journal, Bil Lako, CFP®, Bil Lako, CFP®, explains how you may be able to convert stock shares at depressed prices to a Roth IRA for future tax-free growth.
Should We be Looking at Roth Conversions During This Market Downturn?
Market downturns stink for investors, but they often present opportunities for tax savings. Should you consider a Roth Conversion?