Month: September 2021

How can you responsibly spend your IRA and 401(k) accounts in retirement? This is a mission-critical, complex question for 60-something pre-retirees and retirees who’ve been saving for retirement throughout their working lives. Technically, this retirement planning task is called “decumulation,” and there are hundreds of articles, research reports, and books written on this topic. They all
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In this article 6666-HK A significant buying opportunity may be unfolding on Wall Street. Canaccord Genuity’s Tony Dwyer believes a record rally will follow the recent market turmoil. “We’re going to move from this summer of indigestion into the year-end opportunity,” the firm’s chief market strategist told CNBC’s “Trading Nation” on Tuesday. “We’re just not
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Charlie Javice, Founder/CEO of Frank, which is a college financial aid start-up. Source: JP Morgan JPMorgan Chase has acquired college planning platform Frank to deepen relationships with students and their parents, CNBC has learned exclusively. Frank is an online portal with tools that help students apply for and negotiate financial aid, enroll in online courses
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Trusts are an integral part of estate planning. But they are not always suitable beneficiaries for IRAs. In private letter ruling (PLR) 202136004 released on September 10, 2021, the IRS explained why they allowed the surviving spouse of a Roth IRA owner to roll over a distribution from an inherited Roth IRA when the surviving
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Jordan Bass of the firm Taxing Cryptocurrency discusses the proposed cryptocurrency tax changes that Congress is considering and how they could affect taxpayers and the digital asset industry. This transcript has been edited for length and clarity. Marie Sapirie: Thank you, Jordan, for joining me today to discuss the rapidly changing tax rules and in particular,
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A bag of groceries with the logo of American on-demand delivery start-up Gopuff. Gopuff As delivery start-ups race one another on speed, Gopuff co-founder and co-CEO Yakir Gola said Tuesday that it has staying power to outlast rivals. He said the venture-backed company not only wants to get diapers, snacks and more to customers’ doors
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After nearly two years of a pandemic and wearing masks, most of us could probably use a makeover. No one knows this better than Vance Soto, president, and owner of the Ole Henriksen Spa in West Hollywood, California. A celebrity hotspot, boasting devotees including Vanessa Hudgens, Kris Jenner, and Malin Ackerman, the pandemic was the
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