Good retirement news from Washington: Four benefits of the SECURE Act 2.0
In its first iteration in 2019, the SECURE Act, or Setting Every Community Up for Retirement Enhancement, set the stage for substantial changes to the way Americans save for their post-career lives. The “sequel” of sorts that was passed late...
12 money matters to consider before year-end
Let us first acknowledge that no matter who you are, 2022 has been challenging, money-wise. It has been noticeably hard on investors, too, with some sources asking out loud whether or not this market is worse than 2008. Inflation severely...
Three strategies for investments after you retire
Investing does not end once you reach retirement. However, your priorities will most likely change, such as wanting more liquidity and stability to allow you to meet needs and still be able to relax in retirement. Exact advice will always...
Tackling bias in your investment decisions
Bias is broadly defined as an inclination or predisposition for someone or something over another. It exists everywhere, including in how investors approach their financial decisions and the management of their portfolio. A certain amount of bias is almost certainly...
What does integrated wealth advisory mean – and what are the benefits?
Take the example of the difference between going to a supermarket and multiple small stores to do your weekly shopping, much as our parents or grandparents may have done. The supermarket brings meat, fish, produce, pantry, and personal care items...
Required Retirement Account Distributions: Changes You Need to Know
The Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019 changed the rules for taking distributions from retirement accounts inherited after 2019. A new 10-year rule generally requires accounts inherited by non-spouses to be fully distributed within 10...
Key Differences Between Mutual Funds and ETFs and Why It Matters
Exchange-Traded Funds (ETFs) and Mutual Funds often get lumped into the same bucket of investment strategies and used interchangeably in conversations. They are both wildly popular, SEC-regulated fund structures that hold a group of securities, which allows investors to easily...
High Inflation: How Long Will It Last?
In March 2022, the Consumer Price Index (CPI), the most common measure of inflation data, rose at an annual rate of 8.5%, which was the fastest rate since December 1981. It’s probably not surprising that a Gallup poll at the...