by Kenny | Aug 17, 2023 | Uncategorized
Inflation, stock swings and more erode Americans’ confidence in future financial security When it comes to retirement readiness, many Americans are feeling disillusioned. A spring Gallup poll found that only 43 percent of nonretired adults expect to live out their...
by Kenny | Aug 17, 2023 | Uncategorized
By Sarah Brenner, JD Director of Retirement Education Follow Us on X: @theslottreport Question: I am struggling to find an answer to my situation. My wife’s 82-year old father passed away about 8 years ago and he was taking IRA distributions. A portion of his IRA was...
by Kenny | Aug 16, 2023 | Uncategorized
By Ian Berger, JD IRA Analyst Follow Us on X: @theslottreport If you are subject to required minimum distributions (RMDs) and have annuitized part of your IRA, a recent law change could drastically reduce your RMDs. But, without IRS guidance, it may be difficult to...
by Kenny | Aug 14, 2023 | Uncategorized
By Sarah Brenner, JD Director of Retirement Education Follow Us on X: @theslottreport The IRS unleashed massive confusion last year. To the surprise of many, it released proposed SECURE Act regulations requiring beneficiaries (on some occasions) to take required...
by Kenny | Aug 13, 2023 | Uncategorized
-Darren Leavitt, CFA US Financial markets had another week of consolidation. Equities and US Treasuries sold off in tandem on light volume. An early week debt downgrade of 10 small to midsized banks and a notice that other downgrades may follow by Moody’s dampened...
by Kenny | Aug 10, 2023 | Uncategorized
By Ian Berger, JD IRA Analyst Follow Us on X: @theslottreport Question: I’m age 76. My brother died in December 2022 at 84. Do I take required minimum distributions (RMDs) for the inherited account based on my age or on my brother’s age at death? Answer: Since you’re...
