We can’t tell you when things will turn or by how much, but our expectation is that bearing today’s risk will be compensated with positive expected returns. That’s been a lesson of past health crises, such as the Ebola and swine-flu outbreaks earlier this century, and of market disruptions, such as the global financial crisis of 2008–2009.
Among many SECURE Act provisions, the law allows savers to delay required distributions, make penalty-free withdrawals for certain expenses, and offers new tax incentives for small-business retirement plans.
As 2019 draws to a close, it is time to consider year-end financial planning strategies and begin considering what approach to take for 2020.
HSA plans offer triple tax-free benefits: money is deposited on a pre-tax basis, grows tax-free and can be withdrawn without paying taxes as long as the money is spent on health and medical expenses. In addition, an HSA does not require future Required Minimum Distributions (RMDs) at age 70 ½ like IRAs and 401(k)s.
Investors should understand that IPOs have generally underperformed broader market benchmarks in recent decades and their fundamental characteristics suggest lower expected returns.
If you have investment accounts at USAA, you’re likely asking yourself, “What does Schwab's acquisition of USAA mean to me?” Even though you had no input in the decision doesn’t mean you’re not entitled to answers to some basic questions.
The ABLE account was created to offer a better quality of life for those with qualifying disabilities.
News headlines are often written to grab attention. A headline publicizing a 500-point move in the Dow may trigger an emotional response and, depending on the direction, sound either exciting or ominous enough to warrant reading the article. However, after digging further, we can see that the insights of such headlines offer limited information.
As 2018 draws to a close, it is time to consider year-end financial planning strategies and begin considering your finances for the new year. To help you get started, we've put together an organizational list of key planning items to consider.