Blogs

New IRS Regulations on the “10-Year Rule” for Inherited IRAs The IRS has published new regulations impacting taxpayers subject to the “10-year rule” for required minimum distributions (RMDs) from inherited...

Decades ago, Milton Friedman explained that monetary policy impacts the economy with long and unpredictable delays. Recent reports indicate that the effects of the monetary tightening in 2022-23 are starting...

What is a Safe Harbor 401(k) Plan? A Safe Harbor 401(k) plan is a type of retirement plan that helps employers meet IRS nondiscrimination requirements. These plans require the employer...

Election years are known for increased market volatility and generally lower stock returns due to the uncertainty elections bring. Historically, the S&P 500’s average return during election years has been...

Despite recent progress on inflation, cautious Federal Reserve policymakers now see only one rate cut this year. Key Takeaways The Fed’s Latest Decision The Federal Reserve concluded its latest policy...

In 1973, car radiophones were the only mobile phones available. Fearing AT&T would dominate the market, Motorola had engineer Marty Cooper create a groundbreaking product. Marty asked, “Why call a...

The Internal Revenue Service (IRS) recently extended relief for certain beneficiaries regarding required minimum distributions (RMDs) through 2024. Notice 2024-35, released on April 16, 2024, provides an extension of existing...

The SECURE 2.0 Act of 2022 was enacted on December 29, 2022, and introduces major changes to 401(k) plans, particularly those sponsored by small businesses. The law is designed to...

In 2024, U.S. large cap stocks had a strong start, jumping by 10.6% according to the S&P 500 index. This surge came after a solid performance in the previous quarter....

Historically, stocks and bonds have shown solid performance during periods when interest rates were above 4%. Key Takeaways: After over a decade of ultra-low interest rates, adjusting to higher rates...

Managing a 401k or 403b plan comes with significant fiduciary duties and responsibilities. Are you confident you are meeting all of your obligations as a plan sponsor? As dedicated fiduciaries,...

Retirement planning is essential to securing your financial future, and individual retirement accounts (IRAs) play a pivotal role in this journey. When it comes to IRAs, there are two primary...