by fwsadmin | Jul 18, 2022 | IRA Blog
By Ian Berger, JD IRA Analyst Like most everything else these days, the price for receiving an IRS private letter ruling (PLR) has recently gone up. A person will request a PLR to receive the IRS’s blessing that a specific tax transaction won’t violate the tax code or...
by fwsadmin | Jul 17, 2022 | Weekly Market Commentarfy, Weekly Market Commentary
Weekly Market Commentary – 7/15/2022 -Darren Leavitt, CFA It was an extremely busy week on Wall Street with a full calendar of economic data and the start of 2nd quarter earnings. Growth concerns fostered more selling in equities and commodities while the long...
by fwsadmin | Jul 14, 2022 | Uncategorized
Thinking about retiring? The keys to contentment are at your fingertips Some might say that an ideal retirement would find you waking up in a private Mediterranean villa on a mattress made of freshly ironed $100 bills. And it’s true: Money is a big part of a...
by fwsadmin | Jul 14, 2022 | IRA Blog
By Andy Ives, CFP®, AIF® IRA Analyst Question: Is there a required minimum distribution (RMD) on a self-directed IRA? Answer: A “self-directed IRA” is nothing more than an IRA that invests in unconventional items that not all custodians will handle – like maybe crypto...
by fwsadmin | Jul 13, 2022 | IRA Blog
By Andy Ives, CFP®, AIF® IRA Analyst Conduit IRAs, sometimes called “rollover IRAs,” typically contained only money rolled over from a company plan – and subsequent earnings on those dollars. But a 2001 tax law (Economic Growth and Tax Relief Reconciliation Act...