3 Things Young Professionals Should Remember During Volatile Markets

In times of uncertainty it’s important to remember, control what you can control. I read an article recently about the hoarding of materials that has occurred during this pandemic and the thought process behind it. It all comes down to control, or at least the illusion of it. Having hundreds of toilet paper rolls isn’t… Read More

SECURE Act – Plan Withdrawals for Birth or Adoption

The SECURE act was signed into law on December 20, 2019.  There are some key provisions that may have an impact on your retirement strategy.  Let’s focus on the provision of dealing with plan withdrawals for birth or adoption. OLD LAW – Generally, distributions from a qualified retirement plan, 403(b) plan, 457(b) plan, or IRA… Read More

SECURE Act – Increased Required Beginning Date

The SECURE act was signed into law on December 20, 2019.  There are some key provisions that may have an impact on your retirement strategy.  Let’s focus on the increased required beginning date.  This applies to Required Minimum Distributions (RMD). OLD LAW – RMDs generally must begin by April 1 of the calendar year following… Read More

SECURE Act – “Stretch” RMD

The SECURE act was signed into law on December 20, 2019.  There are some key provisions that may have an impact on your retirement strategy.  Let’s focus on the Required Minimum Distributions, or RMDs, rule for designated beneficiaries. OLD LAW – After death, RMD rules permit the designated beneficiary to draw down the remaining plan… Read More