by fwsadmin | Mar 4, 2024 | IRA Blog
By Sarah Brenner, JD Director of Retirement Education Follow Us on X: @theslottreport The Tax Court recently ruled that the new SECURE 2.0 statute of limitations (SOL) on the 6% excess IRA contribution penalty is not retroactive. SECURE 2.0 Changes SECURE 2.0...
by fwsadmin | Mar 3, 2024 | Weekly Market Commentarfy, Weekly Market Commentary
-Darren Leavitt, CFA Markets pushed back on an early week sell-off to close at record highs for the S&P 500 and NASDAQ. A building sense that the market is due for a pullback was met with inline consensus inflation data, continued outperformance in the...
by fwsadmin | Mar 1, 2024 | Uncategorized
KEY POINTS More Americans are expected to turn 65 through 2027 than in any time in history. Despite the ‘silver tsunami,’ the correct age to retire is still in question. A fight is brewing in Washington over whether the mandatory retirement age for airline pilots...
by fwsadmin | Feb 29, 2024 | IRA Blog
By Andy Ives, CFP®, AIF® IRA Analyst Follow Us on X: @theslottreport QUESTION: How many times in one year can a person do a Roth conversion? Thank you. ANSWER: A person can do an unlimited number of Roth conversions in a year. Roth conversions do not count against the...
by fwsadmin | Feb 28, 2024 | IRA Blog
By Andy Ives, CFP®, AIF® IRA Analyst Follow Us on X: @theslottreport Year after year, many of the same IRA errors happen again and again. Based on the volume of times these mistakes occur, it seems appropriate to create a short list of repeat offenders…and...