FACTS OF THE QUALIFIED HIGHER EDUCATION IRA PENALTY EXCEPTION

Higher education expenses can be steep. Fortunately for those under the age of 59 ½ who need to dip into retirement savings to cover these costs, there is an exception to the 10% early withdrawal penalty. Before tapping your IRA, be sure to understand the fundamentals...

Weekly Market Commentary

Weekly Market Commentary – 3/31/2023 -Darren Leavitt, CFA Global equity markets ended the first quarter with impressive gains as concerns surrounding the banking system eased.  A two-day congressional hearing on the failure of Silicon Valley Bank catalyzed the...
10 Things You Need to Know About Social Security

10 Things You Need to Know About Social Security

Answers to frequently asked questions about your retirement benefits Social Security provides benefits to more than 66 million people, and those monthly payments have an enormous impact on older Americans’ financial health. According to Census Bureau data: • Social...

VESTING IN COMPANY PLANS AND NEW IRS FORFEITURE RULES

By Ian Berger, JD IRA Analyst Follow Us on Twitter: @theslottreport When you leave your job and aren’t fully vested in your company plan account, the plan will forfeit your unvested portion. Recently, the IRS issued new guidance clarifying the forfeiture rules....