Do you own after-tax stock mutual funds? The recent decline in the stock market caused by the coronavirus may have created a tax trap that will be triggered later this year. I have a few ideas that may remedy the problem. Listen to learn. … [Read more...] about The Coronavirus Stock Market Crash Tax Trap!
Blog
How will the coronavirus affect Social Security?
There are four ways that the coronavirus pandemic will affect Social Security and Medicare! Listen to the replay of the May 5th live steam to learn what you can do to mitigate and influence change on a personal and national level. … [Read more...] about How will the coronavirus affect Social Security?
Don’t Just Do Nothing With Your Retirement!
Do you think that doing nothing is the best thing for your retirement account? Maybe or maybe NOT. On The Retirement Learning Lab live stream today, I discussed issues and opportunities that the COVID-19 crisis poses to retirement plans. Join me Tuesdays on Facebook, Twitter, or … [Read more...] about Don’t Just Do Nothing With Your Retirement!
What should I do with my 401k?
A big question you may be asking is, "what should I do with my 401k?"Today, I want to share with you a three-step process of reviewing your 401k that may help you better manage the risk that the coronavirus pandemic poses. … [Read more...] about What should I do with my 401k?
What Is the Outlook for the Economy Now?
What Is the Outlook for the Economy Now? The world investment markets were caught totally by surprise by the coronavirus. Here is my insight into how the recovery may play out and how to adjust your retirement investments accordingly. … [Read more...] about What Is the Outlook for the Economy Now?
Should I be buying or selling?
I don't believe we'll have as long of a #stockmarket rebound as we did from the 2008 market decline. Several sectors appear to be undervalued. #coronavirus #retirementplanning … [Read more...] about Should I be buying or selling?
Older Adults and Coronavirus Financial Safety
I would like to share with you some suggestions on how to communicate with older parents or older relatives about coronavirus safety and their finances. … [Read more...] about Older Adults and Coronavirus Financial Safety
What is “full retirement age?”
Have you ever heard the term “full retirement” as it relates to Social Security? The term full retirement has a specific meaning when it is related to Social Security retirement benefits. If you have a retirement plan, such as a 401(k) at work or even teacher retirement, it may … [Read more...] about What is “full retirement age?”
How to Avoid the Biggest Social Security Mistake!
Social Security retirement benefits may seem simple. But they are not. In fact, there are hundreds of rules that govern the benefits program. Given that, there is one big Social Security mistake that people make time and time again. In this article, we’ll look at that big mistake … [Read more...] about How to Avoid the Biggest Social Security Mistake!