IRS Reverses Long-Standing Position on One-Rollover-per-Year Rule

The IRS has indicated that it will follow the recent Tax Court decision in Bobrow v. Commissioner, which held that a taxpayer may make only one tax-free, 60-day rollover between IRAs within each 12-month period, regardless of how many IRAs he or she maintains. However, the IRS will not apply this new interpretation to any […]

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401(k) Plan Fees – Do you know what they are costing you?

Key Takeaways Despite disclosure rules adopted in 2012, 401(k) fees are still very murky and often overlooked by retirement plan participants. Hidden, seemingly innocuous fees can add up to hundreds of thousands of lost dollars over time. Employers are required to have fiduciary responsibility over their company’s retirement plans, including full disclosure of fees, expenses […]

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Video – Risk and Reward in Investing

As a follow-up to last week’s post on risk and return, today we present a brief, but informative video on investing fundamentals.  This lesson reminds us where to focus our efforts for maximum impact on long-term portfolio performance. The temptation when starting out as an investor is to find that “One Hot Stock”, “The Next Big IPO”, or to convince ourselves that we can “Predict The Future” better […]

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Investing Fundamentals – Risk and Return

Risk and Return Tilting your portfolio to gain exposure to stocks with higher expected returns is a sound investment strategy. By Chas Boinske Key Takeaways In theory, well-established large stocks and high-flying growth stocks would seem to deliver superior returns to investors. Not so. Research shows that over time small stocks and value stocks outperform […]

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Teaching Children Financial Literacy

Kids need to learn the value of a hard-earned dollar, but they should also learn how to save, spend wisely, be charitable, pay taxes, invest and eventually become financially stable.  The earlier they start on this path, the better off they will be.  Here are a few recommended money lessons for children as they age. […]

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Thoughts on Raising Financially Responsible Children

Teaching financial responsibility to children is a great way to provide them with knowledge and experience that will help them grow into financially stable adults.  Our first lessons about money come from our parents and they set the frame-work for the critical lessons and behaviors to promote healthy money attitudes and habits in children. Lessons […]

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Market correction call? Don’t be fooled again

Key Takeaways Research shows that even professional investors can’t reliably predict the market. The good news is that successful long-term investors don’t need to make heroic market calls or engage in frequent trading– something the financial media doesn’t want you to know. Select an asset allocation that’s appropriate for your personal financial goals. Implement that […]

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