Category: Wealth Management

We wanted to bring your attention to a long-term care topic working its way through the Minnesota legislature. It mimics current legislation in place in the state of Washington and in serious consideration in California, New York and Pennsylvania. States, which end up beari...

The COVID-19 generated CARES Act contains provisions for retirement plan distributions and qualified individuals affected by the coronavirus. Details follow on each of these 5 provisions....

If you save for retirement with an IRA or other plan, you’ll be interested to know that Congress recently passed a law that makes significant modifications to these accounts. The SECURE Act, which was signed into law on December 20, 2019, made these four changes....

Overview: Stocks had their best week since November last week, recovering the prior week’s losses. Major indices in both the US and globally were up between 2.5%-3% for the week. The gain was driven by strong earnings from technology companies, decent economic data and pe...

Cash needs will vary with stages of life, the stability of income, future uses for the cash, and how cash fits into your overall portfolio allocation.  If you are holding what seems like a lot of cash, or are retiring soon, you may want to carefully consider how much cash y...

Stock markets declined last week, posting their worst week of performance this year. The S&P 500, the MSCI international, and the MSCI EM markets all lost about 2% for the week. Three main catalysts drove the trade....

Top of the morning: Stocks are higher pre-market. As of 7:45 CST this morning, the Dow is up about 160 points and the S&P 500 is up 0.5%. Bond yields are close to where we started the year, with the 2-year Treasury at 2.51% and the 10-year at 2.68%. China local stocks (Sh...

Stocks around the globe were higher last week, driven by U.S.-China trade optimism and the avoidance of another partial government shutdown. The S&P 500 was up 2.6%, and international developed stocks were 1.4% higher on the week, despite weak growth data from Germany and co...

By and large, today’s employees expect employers to offer a tax-advantaged retirement plan. A 401(k) is an obvious choice to consider, but you may not be aware that there are a variety of types to choose from. Let’s check out some of the most popular options:...

If you are age 50 or over by year-end, you have the opportunity to make “catch-up” contributions to your retirement plans. ...