Planning Opportunities with SECURE Act 2.0
SECURE Act 2.0 is good for retirement savers. Key Takeaways: RMD Age Delayed from 72 to 73, then 75 for those born in 1960 & later Expanded Roth savings opportunities Expanded savings opportunities, especially for pre-retirees It’s becoming a holiday tradition. On the morning of Christmas eve, I sat down to a cup […]
Markets Finally Believe Fed is Serious about Inflation
The Fed raised rates 0.75% last week, the biggest single move since 1994 Market participants imply that rates will move from 1.75% to 3.56% by year-end Perception of a hawkish Fed may help avoid a wage-price spiral & severe recession Last week the Federal Reserve raised rates by 0.75% or 75 basis points (bps). […]
How Much Cash Should I Hold?
Key Takeaways Rising inflation increases the opportunity cost of holding cash We believe the benefits of cash outweigh any loss in purchasing power Market drawdowns like today are relatively good times for long-term investment The question we are getting more than any other these days is, “What should I do with […]
The Ballast Roth Manifesto: Why We Believe Roth is for the 99% AND the 1%
Join us for a live discussion about Roth savings on January 27th, 2022 at 4 PM on ballastplan.com/live. Our advisors will be discussing this article and answering any questions. One of the biggest mistakes a retirement investor can make is to believe the common wisdom that Roth savings are only for low income-earners. Yes, […]
Optimizing Required Minimum Distributions
Key Takeaways The IRS made a retiree-friendly tweak to its RMD schedule for 2022 When to best take retirement distributions can be opposite for two similar investors Engage Us: We do our best work when we know your updated situation We’re only a week into 2022 and I have already spent a few […]
Tax Management in Bull Markets
How do we manage accounts when everything is up? With cooperative markets, many investors have accumulated substantial capital gains in their investment accounts. We analyze the trade-off between ideal allocation & paying tax to achieve it. In general, we advocate paying tax along the way to avoid over-concentration. When I was growing up, my granddad […]
