Investing During Periods of Inflation

Investing During Periods of Inflation

What to Consider The Covid-19 pandemic has led to a radical shift in the way the Fed handles inflation and the economy in general. For instance, in August 2020, the Federal Reserve announced that it was willing to let the inflation rate go higher than normal to offer...
Managing Money as a Couple

Managing Money as a Couple

What are the keys to prepare to grow wealthy together? When you marry or simply share a household with someone, your financial life changes—and your approach to managing your money may change as well. The good news is that it is usually not so difficult. At some...
2021 Limits for IRAs, 401(k)s and More

2021 Limits for IRAs, 401(k)s and More

Numbers to know for the new year. On October 26, the Treasury Department released the 2021 adjusted figures for retirement account savings. Although these adjustments won’t bring any major changes, there are some minor elements to note. 401(k)s. The salary deferral...
That First Distribution from Your IRA

That First Distribution from Your IRA

What you need to know. When you are in your seventies, Internal Revenue Service rules say that you must start making withdrawals from your traditional IRA(s). In I.R.S. terminology, these withdrawals are called Required Minimum Distributions (RMDs).1 Generally, these...