Market Update

July 15, 2020 is the deadline for filing your federal income tax return for tax year 2019 or requesting an extension.  It is also the deadline to make contributions to your Individual Retirement ...

Normally, if you are age 72 or over this year, you must take a Required Minimum Distribution (RMD) from your IRA each year.  This same requirement exists if you were required to take an RMD in ...

Background: Since tax year 2018, the standard tax deduction has been $12,000 if your filing status was single and $24,000 for joint couples.  (Deductions are adjusted upward each year for ...

The most frequent question clients ask me is, “How can I take advantage of the current depressed market?  Should we be buying now since prices have dropped so much? ”  I emphasize that the ...

Needless to say, today is an ugly day for the stock market, with the Dow Jones down about 2,000 points (8.0%) as I write this.  I’ve been through this before and am confident that it will turn ...

THE SECURE ACT:  In December 2019, Congress passed the “Setting Every Community Up for Retirement Enhancement” (SECURE) Act.  (Long name with a misleading acronym.)  This retirement ...

Charles Schwab and TD Ameritrade announced on November 21, 2019 that they are in merger talks.  Here is the status and my thoughts. First, the merger is no sure thing.  There are potential ...

On Wednesday August 14, 2019, the market dropped a dramatic 800 points.  All the talk was about the yield curve being inverted. What is the Yield Curve? The yield curve displays the relationship ...