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Rethinking Required Minimum Distributions in 2020
Last week President Trump signed into law the bipartisan COVID-19 stimulus bill. One of the facets of the bill includes welcome tax relief for retirees. The required minimum distribution (RMD) rules for IRAs and 401(k)s are waived for 2020. This means that you don’t have to take money out this year and can keep it…
Read MoreCredit Card Benefits You May Not Know About
Most of us know the number one rule for using credit cards is to avoid building up a balance we can’t pay off promptly. What many of us don’t know about credit cards is the number of benefits they often offer (in addition to purchase rewards). Here are some that are common: Extra security: With…
Read MoreMarket Commentary for the Week of October 2, 2017
The Markets Technology gains helped the S&P 500 and the NASDAQ advance to record levels Friday. The three major indexes completed the quarter with solid gains; the S&P closed its sixth month of gains. For the week, the Dow rose 0.25 percent to close at 22,405.09. The S&P gained 0.72 percent to finish at…
Read MoreMarket Commentary for the Week of September 25, 2017
For the Week of September 25, 2017 The Markets Stocks wavered Friday amid continued threats from North Korea and concerns over the latest proposed healthcare bill. At closing, The S&P and the NASDAQ posted marginal gains while the Dow fell. For the week, the Dow rose 0.36 percent to close at 22,349.59. The S&P gained…
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