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Posted on June 24, 2020 by Gregg Brant
The CARES Act, passed earlier this year, enabled any taxpayer with a Required Minimum Distribution due in 2020 from a defined-contribution retirement plan, including a 401(k), 403(b), or an IRA, to skip those RMDs this year. Yesterday, the IRS issued Notice 2020-51, which provides tax relief to individuals who have already taken a required minimum… READ MORE
Posted on June 23, 2020 by Gregg Brant
“Back in the spring of 1720, Sir Isaac Newton owned shares in the South Sea Company, the hottest stock in England. Sensing that the market was getting out of hand, the great physicist muttered that he ‘could calculate the motions of the heavenly bodies, but not the madness of the people.’ Newton dumped his South… READ MORE
Posted on June 2, 2020 by Gregg Brant
I first heard this quote on a hot summer day at football practice in my youth. My coach yelled this at us as we attempted to finish a conditioning activity known as “four corners” in the peak of the Florida summer heat. “Four corners” is a drill where you move around cones in the shape… READ MORE