It has been said for years now that women usually tend to outlive their male counterpart.  With the U.S markets standing on shaky ground and global markets starting to stutter, it becomes apparent that rough times are ahead. It’s generally worth the time to take note that 9 out of...
The Internal Revenue Service’s proposed updates to their Uniform Lifetime Table are set to change  required minimum distributions starting in 2021. In 2018, the Trump administration signed an executive order directing the Treasury Department and IRS to revise their life expectancy and distribution tables. The purpose of...
Starting in 2020, IRA owners will have to think twice about their retirement account. With recent changes being made to IRA laws in the SECURE Act, non-spouse beneficiaries can no longer stretch an IRA if the account holder passes following the end of 2019. Instead, the SECURE...
The general rule is that retirees need 80% of their working income to maintain their current standard of living. We have scoured the internet and have found an overwhelming number of helpful tips** to assist you in saving money each and every month! Reevaluate Monthly Expenses – Take a look...
President Trump’s approval ratings are at an all-time high as his campaign ramps up their efforts to secure reelection in November. His increasing approval is due in large part to American’s level of confidence in the economy, which is higher than it has been in twenty years....
While Federal Reserve Chairman Jerome Powell believes the U.S. economy is in good shape heading into the 2019 holiday season, top Wall Street firms beg to differ.  Powell cited a strong labor market and consistent consumer spending as signs of a healthy economy, although the Fed’s move...
The ongoing debt saga in Greece has reached its turning point—and it’s not likely to end well. Last week, a bailout deal between the Greek government and their European creditors appeared certain. But Prime Minister Alexis Tsipras abruptly broke off talks, causing the Greeks to miss their scheduled payment to...
On the surface, foreign currency trading looked like an ideal post-recession activity for “Too Big To Fail” banks. The exchanges offered the possibility of considerable returns on investment, coupled with a low risk environment. Those two factors made the exchange market the perfect business venture for an industry reeling from...
In theory, the price of shares across the stock market is a reflection of economic health. If stocks are up, business is thriving— or so we thought… Recent market volatility is showing some tell-tale signs that it is not grounded by a sturdy economy, which leaves the fear that it...
A new bill was passed in the House this month that aimed at preventing Federal regulators from establishing new rules on Wall Street to increase accountability on the professionals that manage retirement savings. The bill, titled the Retail Investor Protection Act, was created in response to the Department of Labor(DOL)’s...