Financial Blog

October 16, 2017

Understanding Inherited IRAs


Nate Lewis

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What beneficiaries need to know and consider. At first glance, the rules surrounding inherited IRAs are complex. Here are some questions (and potential answers) to consider if you have inherited one or may in the future. Who was the original
Educational

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RETAIL SALES, SENTIMENT NUMBERS IMPRESS Two economic indicators stood out last week. Retail purchases rose 1.6% during September as households and businesses replaced cars and trucks damaged in hurricanes. This was the best monthly advance recorded by the Department of
Economic Updates

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October 10, 2017

Retirement Plan Trusts


Nate Lewis

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These tools can shield inherited IRA assets from lawyers and creditors. Inherited IRA assets are vulnerable in bankruptcy proceedings. Many older IRA owners and their beneficiaries do not realize this, but it is true. In Clark, et ux v. Rameker
Educational

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October 9, 2017

Will Debt Spoil Too Many Retirements?


Nate Lewis

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What pre-retirees owe could compromise their future quality of life. The key points of retirement planning are easily stated. Start saving and investing early in life. Save and invest consistently. Avoid drawing down your savings along the way. Another possible
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HURRICANES HURT SEPTEMBER JOB NUMBERS For the first time in seven years, the economy went a month without payroll growth. The Department of Labor’s September employment report revealed the impact of Hurricanes Harvey and Irma: it showed 33,000 fewer people
Economic Updates

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October 3, 2017

Actively Managed 401(k)s


Nate Lewis

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An option that may help your retirement efforts. How should your 401(k) be invested? While some investors manage their 401(k)s themselves, others may seek a different kind of “hands-on” approach: having their retirement plan assets actively and professionally managed. Why
Educational

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October 2, 2017

Weekly Market Commentary 10/2/2017


Nate Lewis

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The big news this morning was the shooting in Las Vegas.  At least 58 people were killed and more than 500 other people were injured.  It has been ruled as the deadliest mass shooting in modern US history.  It doesn’t
Market Commentary

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PERSONAL SPENDING BARELY IMPROVES Consumer spending increased by only a seasonally adjusted 0.1% in August, while consumer incomes rose 0.2%. Those gains precisely matched the projections of economists surveyed by the Wall Street Journal. Factoring in inflation, household spending actually
Economic Updates

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September 27, 2017

Questions After the Equifax Data Breach


Nate Lewis

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Consumers may be at risk for many years. How long should you worry about identity theft in the wake of the Equifax hack? The correct answer might turn out to be “as long as you live.” If your personal data
Educational

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September 25, 2017

Weekly Market Commentary 9/25/2017


Nate Lewis

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Big news over the weekend was President Trump picking a fight with a few people and organizations.  We won’t get into that because it won’t have much of an effect on the market, at least in the short term. Last
Market Commentary

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