IRS Establishes New Correction Program for Fixing IRA Errors

By Ian Berger, JD IRA Analyst A recently announced IRS program gives you new ways to fix certain IRA errors. Unfortunately, it won’t be as helpful as it seems. In the 2022 SECURE 2.0 legislation, Congress gave the IRS two years – until December 29, 2024 – to come up...
Weekly Market Commentary

Weekly Market Commentary

U.S. stocks climbed through Wednesday, then gave it all back. The S&P 500 slipped 0.6% and the Nasdaq fell 2.0%, each for a third straight weekly decline, and the Dow lost 0.9%. Small caps held up, with the Russell 2000 up 1.3%. The turn came after Alphabet and...
The Retirement Expenses You Won’t Find in Your Monthly Budget

The Retirement Expenses You Won’t Find in Your Monthly Budget

You have estimated your monthly retirement income. You have added up the mortgage, groceries, utilities, and insurance premiums. The numbers appear to work. Then the air conditioner needs replacing. A dental bill arrives. Your vehicle becomes unreliable, or a family...