IRS Forgives Rollover Mistake

A man’s family noticed that he was mentally declining in 2016. It may have been the onset of dementia.  In 2017, this man withdrew funds from his IRA, apparently intending to roll the money into a new IRA.  However, due to his medical condition, the man never completed the rollover. This man’s grandson son was […]

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Wealth Preservation and Wealth Creation

Volatility is the price investors pay for long-term wealth creation. Markets fluctuate, sometimes wildly, and this is the reason a person should never invest funds which will be needed in the immediate future in investments which trade in volatile public markets. The definition of immediate future is a personal one, which is why it is […]

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Positive Start to the New Year

Last week, Fed Chairman Powell confirmed the Fed’s future interest rate and balance sheet reduction decisions are not predetermined. Previous Fed boards and chairs have a spotty history of setting Fed policy, so some concern is understandable but current criticism seems excessive. We believe current FOMC members are at least as smart as the majority […]

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