by fwsadmin | Aug 28, 2021 | Uncategorized
If you want to retire in the next 10 years, lower your spending and increase your income. Paying off debt can give you more money to save and invest, and free up your budget later. Increasing your income with a raise or side hustle could give you more money to save....
by fwsadmin | Aug 26, 2021 | IRA Blog
By Ian Berger, JD IRA Analyst Question: I am 72 years old and have a Roth IRA. I have some extra cash in a bank account. Can I put that into my Roth IRA and how much can I contribute for 2021? Answer: You could potentially contribute up to $7,000 to a Roth IRA this...
by fwsadmin | Aug 25, 2021 | IRA Blog
Ian Berger, JD IRA Analyst In the August 16, 2021 Slott Report, we showed that someone participating in a 401(k) plan through a “regular” job could also establish a solo 401(k) plan through a side job and potentially contribute up to $58,000 this year in after-tax...
by fwsadmin | Aug 23, 2021 | IRA Blog
By Andy Ives, CFP®, AIF® IRA Analyst Recently, I had a conversation with an advisor who wanted a second opinion. He disagreed with how a 401(k) custodian was handling his client’s required minimum distribution (RMD). To arm himself with facts, the advisor contacted us...
by fwsadmin | Aug 21, 2021 | Uncategorized
Weekly Market Commentary – 8/20/2021 -Darren Leavitt, CFA US Financial markets fell from their recent all-time highs on fears that economic growth could falter. Traders rotated out of the reflation trade as Covid infection rates increased and the efficacy of...