Welcome to The Fragreport. Our blog serves as an insightful resource covering markets, financial topics, culture and current affairs.
If you have a Traditional Individual Retirement Account (IRA), you might be familiar with the regulation to take required minimum distributions (RMDs) beginning at age 72. What you may not know, however, is how that the Coronavirus, Aid, Relief and Economic Security (CARES) Act provides valuable RMD flexibility for 2020.
For most investors, the key to success is simple: Buy low and sell high. But how often have you seen this scenario played out? When the market is up, an investor feels good and buys stocks. When the market is down, that same investor gets scared and sells.
On March 27, 2020, the Coronavirus, Aid, Relief and Economic Security (CARES) Act was signed into law and as a result, there are some key impacts to Individual Retirement Accounts (IRAs) in 2020. Here is a summary of the most notable Individual Retirement Account (IRA) changes:
Frank Sinatra’s old tune, That’s Life always picks me up when times seem tough. I replayed that song this week and like the song, the market was riding high in February and was shot down in March because of coronavirus fears. I had to remind myself, markets correct and eventually move forward. Here are five things you should remember when assessing your retirement plan during volatile periods in financial markets.
On December 20, 2019, the SECURE Act (Setting Every Community Up for Retirement Enhancement) was signed into law and as a result, there are some key impacts to retirement accounts beginning in 2020.
Did you know that California businesses will be required to offer their employees retirement plans? Many small business owners in California are not aware of the recent launch of the state’s retirement savings program. Understanding CalSavers for Orange County businesses.
