by fwsadmin | Jun 20, 2022 | Weekly Market Commentarfy, Weekly Market Commentary
Weekly Market Commentary – 6/17/2022 -Darren Leavitt, CFA Investors sent global markets lower on recession fears induced by tighter central bank policies. The Federal Reserve announced that they would raise their policy rate by 75 basis points to a target of...
by fwsadmin | Jun 17, 2022 | Uncategorized
IRS tax code offers perks to taxpayers of a certain age If you’re 50 or older, there is one benefit to reaching this milestone that you may be overlooking: tax breaks aimed right at you. Now you can contribute more to your Roth or traditional individual retirement...
by fwsadmin | Jun 16, 2022 | IRA Blog
By Sarah Brenner Director of Retirement Education Question: Ed, My mother passed away in May 2019, and I inherited her IRA. She had not completed her RMD for 2019, so I did that. In 2020, I began my RMDs based on the Single Life Table for Inherited IRAs. Since I...
by fwsadmin | Jun 15, 2022 | IRA Blog
By Sarah Brenner Director of Retirement Education If you inherit an IRA, especially if it is a larger one, you may be afraid of being stuck with the five-year distribution rule. If this rule applies, your IRA must be entirely emptied in five years, which can be a...
by fwsadmin | Jun 13, 2022 | IRA Blog
By Ian Berger, JD IRA Analyst Those of you who participate in 401(k) plans or certain 403(b) plans should see something new on your next quarterly statement for the period ending June 30, 2022. For the first time, the statements must include illustrations of the...