COVID-19

Just a few days into January and we already have surprises; a blue wave, the storming of the capital, and challenges to our freedom of speech. While the future is uncertain, with thoughtful financial preparation I say bring on 2021.

How do Coronavirus Related Distributions work, and who should consider taking advantage of them?

Challenging events, like this year's pandemic, provide experiences that lead to wisdom over time, but only if we learn from those experiences. 

From company furloughs, layoffs, company buyout offers, and outright job loss, the financial fallout from the impacts of the coronavirus is widespread and can quickly change a person’s economic outlook. Those over the age of 62 may have an income lifeline with Social Security benefits; should you take it?  

With the combination of the lower 2020 tax liability, the possibility of future income tax increase, as well as potentially lower portfolio values, current circumstances created a game-changing environment for Roth conversions.

The CARES act, signed in March, is designed to provide relief to people due to the effects of Coronavirus. One provision in the CARES Act changed Required Minimum Distribution options for 2020. We re-post this blog from March of this year with updated guidance from the IRS.

Over the last several weeks, many have gone from having the fear of the financial impacts and bear market to the fear that investors are missing out on once in a lifetime investment opportunity.  Never during my 20+ year career have I seen a better example of both concerns within such a short time.

The CARES Act creates temporary special rules that change the impacts of loans and withdrawals from retirement plans, including the Thrift Savings Plan (TSP). On May 15th, TSP has issued guidance about what is specifically available for TSP participants. Here's what you need to know.

Whether a buyout offer is right for you depends on your unique situation. If you receive a buyout offer, there are some important questions to consider before you make your decision.

As Florida's economy starts to re-open, follow the rules, focus on your health, and go out of your way to help our local Jacksonville businesses. Here are some ways to support our local shops and restaurants.