2019 IRA Deadlines Are Approaching
Here is what you need to know. Provided by Marc Aarons at Money Managers, Inc. Financially, many of us associate April with taxes – but we should also associate April with important IRA deadlines. April 1, 2020 is the deadline to take your Required Minimum Distribution (RMD) from certain individual retirement accounts. A new federal […]
Quarterly Economic Update
In this Q4 recap: Equities maintain their momentum to close out a strong year on Wall Street, helped by a slight thaw in the U.S.-China trade dispute and some better-than-expected domestic economic data. Quarterly Economic Update A review of Q4 2019, Presented by Marc Aarons at Money Managers, Inc. THE QUARTER IN BRIEF Movement in […]
The SECURE Act
Long-established retirement account rules change. Provided by Marc Aarons at Money Managers, Inc. The Setting Every Community Up for Retirement Enhancement (SECURE) Act is now law. With it, comes some of the biggest changes to retirement savings law in recent years. While the new rules don’t appear to amount to a massive upheaval, the SECURE […]
2019 IRA Deadlines Are Approaching
Here is what you need to know. Provided by Marc Aarons at Money Managers, Inc. Financially, many of us associate April with taxes – but we should also associate April with important IRA deadlines. April 1, 2020 is the deadline to take your Required Minimum Distribution (RMD) from certain individual retirement accounts. April 15, 2020 […]
Health Care Costs Are Cutting into Retirement Preparations
This is happening in subtle and not-so-subtle ways. Provided by Marc Aarons at Money Managers, Inc. You may have seen this statistic before or one resembling it: the average 65-year-old retiring couple can now expect to pay more than $250,000 in health care expenses during the rest of their lives. In fact, Fidelity Investments now […]
A Retirement Fact Sheet
Some specifics about the “second act.” Provided by Marc Aarons at Money Managers, Inc. Does your vision of retirement align with the facts? Here are some noteworthy financial and lifestyle facts about life after 50 that might surprise you. Up to 85% of a retiree’s Social Security income can be taxed. Some retirees […]
Creating a Retirement Strategy
Most people just invest for the future. You have a chance to do more. Provided by Marc Aarons at Money Managers, Inc. Across the country, people are saving for that “someday” called retirement. Someday, their careers will end. Someday, they may live off their savings or investments, plus Social Security. They know this, but […]
Creating a Retirement Strategy
Most people just invest for the future. You have a chance to do more. Provided by Marc Aarons at Money Managers, Inc. Across the country, people are saving for that “someday” called retirement. Someday, their careers will end. Someday, they may live off their savings or investments, plus Social Security. They know this, but […]
Measuring the Value of a Financial Advisor
One study asserts that these relationships can make a difference for investors. Provided by Marc Aarons at Money Managers, Inc. What is a relationship with a financial advisor worth to an investor? A 2019 study by Vanguard, one of the world’s largest money managers, attempts to answer that question. Vanguard’s whitepaper concludes that when an […]
What if You Get Audited?
What the I.R.S. looks for and why. Provided by Marc Aarons at Money Mangers, Inc. “Audit” is a word that can strike fear into the hearts of taxpayers. However, the chances of an Internal Revenue Service audit aren’t that high. In 2017, the most recent statistics available, show the I.R.S. audited 0.5% of all individual […]