The year started out pretty normally until about mid-January when high-flying growth stocks began to drop. Since then, it’s been a choppy market with US stocks mostly down. Then in February, Russia invaded Ukraine which led to more uncertainty and a fall for foreign stocks. But what is really going on?
Inflation is causing prices to rise for everyday consumers. How will this rise affect your overall strategy?
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After a year of strong stock market gains, many taxpayers are feeling the pain of having made a lot of money in 2021. If you sold stock last year, you know what I’m talking about. You recorded the gains and so did the IRS. This has caused many to have to make a surprise payment to the IRS. What can you do?
One of the sweeping changes that was part of the SECURE ACT was the way one who inherited a retirement account had to take distributions.
Last week the House of Representatives voted to change the age at which retirement savers must start taking money out of most retirement accounts. The new age is 75, up from 72. For those who will have to take Required Minimum Distributions (RMDs), that’s good news, right? Maybe.