What does inflation mean for your investments? Provided by Marc Aarons  In August of 2020, the Fed announced that it is willing to allow inflation to run higher than normal in order to support the labor market and broader economy. This major policy shift allows inflation to run above the Fed’s 2% goal for some […]

A choice for I.R.A. owners who want to reduce taxes linked to I.R.A. distributions. Provided by Marc Aarons  Do you have an I.R.A.? As you enter your 70s, you may start to look at that I.R.A. not only as an asset, but also as a problem. By law, you must take required minimum distributions (R.M.D.s) […]

The important question: are you prepared?  Provided by Marc Aarons  Addressing the potential threat of extended care expenses may be one of the biggest financial challenges for individuals who are developing a retirement strategy. The Administration for Community Living estimates that by 2060, 94.7 million Americans will be aged 65 and older. Of those, it’s […]

What to know about interest rates and yields.  Provided by Marc Aarons One time-tested principle of investing is, “when bond yields move higher, bond prices tend to move lower.” Investors are doing a “double take” on the 10-year Treasury yield, which recently topped 1.5% — its highest level in about a year. With the increase […]

What role should taxes play in your investment decisions?  Provided by Marc Aarons Will you pay higher taxes in retirement? Do you have a 401(k) or a traditional IRA? If so, you will receive income from both after age 72. However, if you have saved and invested much of your life, you may also end […]

Think about these factors before you leave work for the last time. Provided by Marc Aarons Retirement planning is not entirely financial. Your degree of happiness in your “second act” may depend on some factors that don’t come with an obvious price tag. Here are some non-monetary factors to consider as you plan your retirement. […]

Life expectancy table updated for the first time since 2002. Provided by Marc Aarons If you are retired and have reached your seventies, you may have the opportunity to draw a little less income from your retirement savings accounts in 2022. Next year, the Internal Revenue Service plans to update the life expectancy tables used […]

Here is what you need to know.  Provided by Marc Aarons Financially, many of us associate April with taxes – but we should also associate December with important IRA deadlines. December 31, 2021 is the deadline to take your Required Minimum Distribution (RMD) from certain individual retirement accounts. Keep in mind that withdrawals from traditional, […]

What to know and dates to remember  Provided by Marc Aarons  Recently, the Internal Revenue Service (I.R.S.) announced that tax season will start a little later than usual. This year the I.R.S. will begin accepting and processing 2020 tax returns on Friday, February 12, 2021.1 In light of the December 27 tax law changes which […]

Information you should know.  Provided by Marc Aarons  The 10-year Treasury yield has climbed higher since the New Year, which means that some bond prices are dropping. You may have seen the headlines that say, “10-Year Yields Over 1%.” For some, the first time they experience a change in bond prices is when they open […]