Matt MagnusonRetirement 6 Legal Documents To Have Ready In Case You Get COVID-19 HuffPost - Casey BondWho will make decisions about your finances and health (maybe even your life) if you get COVID-19? The coronavirus pandemic undoubtedly has you on edge. We’ve all been forced to face our fears in some
Matt MagnusonRetirement Can Retirees Just Leave Their Money Invested to Ride Out the Coronavirus Downturn? | The Motley Fool The Motley Fool - Christy Bieber Many of them can, thanks to the suspension of required minimum distributions. Former college teacher. Textbook contributor. Personal finance writer. …
Matt MagnusonRetirement When I’m 64 kiplinger.com - Bob Niedt As you near your 65th birthday, you’ll face a slew of important decisions—and a deluge of mail. A few months ago, just before my 64th birthday, I …
Matt MagnusonRetirement Retirement Savings, 401(k) Accounts Threatened By Coronavirus Crisis | Investor's Business Daily investors.com - PAUL KATZEFF Retirement savings accounts took a huge hit during the coronavirus stock market crash. And the news gets worse: About 216,000 small-company …
Matt MagnusonRetirement Complete Social Security Benefits Primer TheStreet - TheStreet Guest Contributor Adviser Vladimir Kouznetsov explains the types of Social Security benefits, how to qualify, and strategies for claiming Social Security is one of the …
Matt MagnusonPolitics The Trump administration is adding an extra barrier for Social Security recipients to get their stimulus check theweek.com - Kathryn Krawczyk President Trump approved a COVID-19 congressional spending package last week that would grant $1,200 individual checks to Americans making up to …
Matt MagnusonRetirement Coronavirus Relief Sets Low Bar for Raiding Retirement Accounts Bloomberg Law - By Warren Rojas Retirement account holders impacted by the novel coronavirus can withdraw $100,000 with few restrictions thanks to the bipartisan relief package …
Matt MagnusonStephanie Ruhle MSNBC's Stephanie Ruhle: Are you on Social Security? Don't forget to do this if you want the $1,200 stimulus check NBC News - By Gina NavaroliMany Americans are financially struggling during the coronavirus pandemic. And those on Social Security are wondering if they’ll receive monetary support from the government. Update, 9:31 p.m: The Treasury
Matt MagnusonRetirement A Social Security Application Mistake Or A Malicious Policy With Frightening Consequences? Forbes - Laurence KotlikoffRichard has spent over 80 hours trying to fix this problem. He has other concerns. His wife is seriously ill. The stress of Social Security's "mistakes" is taking a major toll on both him and his wife.
Matt MagnusonRetirement This part of the $2 trillion coronavirus stimulus package will save you money in your 401(k) and IRA MarketWatch - Alessandra Malito Retirees don’t need to worry about taking the required minimum distribution from their retirement accounts this year. The government waived that rule …
Matt MagnusonPolitics Senators call on IRS to automatically send stimulus checks to seniors NBC News - By Sahil KapurFirst on NBC News: The tax agency created confusion this week by saying some Social Security recipients would need to submit a form to get the cash. WASHINGTON — More than three dozen Democratic senators
Matt MagnusonCoronavirus (Covid-19) Medicare and Medicaid patients get temporary access to telemedicine amid coronavirus crisis, but challenges remain ABC News - Lauren Lantry CMS expands telehealth policy, but does not allow therapy services by phone. President Donald Trump’s administration took the unprecedented step on …
Matt MagnusonRetirement This is how the $2 trillion coronavirus stimulus affects retirees — and those who one day hope to retire MarketWatch - Alessandra Malito President Donald Trump signs a $2 trillion stimulus bill intended to provide financial relief for Americans amid the coronavirus crisis. The …
Matt MagnusonRetirement Think very hard before you make these 6 retirement decisions MarketWatch - Kenn Tacchino Retirement planning involves employing strategies that once initiated, place you on an unchangeable path. In other words, once a course of action is …
Matt MagnusonRetirement Planning Smart Ways to Use a Stimulus Check | The Motley Fool The Motley Fool - David Butler The stimulus package from Washington includes a $1,200 check for many Americans. What should you do with that money? The U.S. Senate voted unanimously …
Matt MagnusonCoronavirus (Covid-19) IRS releases more info on how to get coronavirus stimulus checks ASAP NBC News - By Sahil KapurTreasury Secretary Steven Mnuchin said payments will go out "within three weeks" for people who have their direct deposit information on file with the IRS. WASHINGTON — New information from the IRS shines
Matt MagnusonRetirement Advising Clients on Using a Backdoor Roth IRA U.S. News & World Report - Coryanne Hicks More income is always better, but it does come with at least one drawback: The IRS does not allow high earners to contribute to a Roth IRA. Single …
Matt MagnusonRetirement How to Get Your Estate Plan Done While Under Coronavirus Quarantine kiplinger.com - John M. Goralka If you are quarantined or under a lockdown and can't get to a notary, how can you get your will, trust and other documents executed? Don't give up. …
Matt MagnusonHealth Care Medicare beneficiaries who get coronavirus may face a price shock CNBC - Sarah O'Brien For the 62 million people enrolled — most of whom are age 65 or older, or younger with disabilities — the coronavirus generally poses a greater …
Matt MagnusonEntrepreneurship (India) New Stimulus Bill Unlocks IRA and 401(k) Dollars for Financially Affected Entrepreneur - Mat SorensenThe $2 trillion relief package provides penalty-free early retirement-account distributions and increases loan limits. The coronavirus stimulus bill signed into law on March 27 creates new exceptions allow
Matt MagnusonRetirement Now Is The Best Time In History To Do A Roth IRA Conversion Forbes - James LangeCurrently, six factors are converging to make Roth IRA conversions more promising for more IRA owners than ever before. The $2 trillion dollar Coronavirus Aid, Relief, and Economic Security Act (CARES
Matt MagnusonStocks The traditional retirement portfolio of stocks and bonds is down 20% for only the fourth time since WWII CNBC - Michael Santoli The coronavirus crisis has punished the blameless across the world this year. That includes investors who did the supposed "right thing," by keeping …
Matt MagnusonRetirement IRA And Retirement Plan Changes In The CARES Act Forbes - Bob CarlsonThe Coronavirus Aid, Relief, and Economic Security (CARES) Act rolled through Congress and was signed by President Trump this week. While most of the law is devoted to providing economic stimulus for a
Matt MagnusonRetirement I’m 66, get $26,300 a year in Social Security and want to live in a small city by the ocean — so where should I retire? MarketWatch - By Catey Hill I am 66, single, and hoping to retire soon. I currently live in Connecticut, where taxes are quite high, and am looking for a less expensive place …
Matt MagnusonRMDs: suspended temporarily.Retirement Congress Just Gave Some Retirees a Tax Holiday | The Motley Fool The Motley Fool - Dan Caplinger
Matt MagnusonRetirement 5 ways to ensure the coronavirus outbreak doesn't cripple your retirement savings CNBC - Sharon Epperson and Michelle Fox The recent market volatility may have you wondering just what to do with your retirement account. You may be thinking of heading for the exit — or …
Matt MagnusonLiberal View House Democrats urged to remove ‘insidious attack’ on Social Security hidden within senate coronavirus bill Raw Story - Jake Johnson, Common Dreams “The only way to escape this trap is to avoid stepping into it in the first place. That’s why the House must remove the cut to Social Security’s …
Matt MagnusonRetirement Coronavirus relief bill relaxes rules on retirement savings CNBC - Darla Mercado A series of key retirement provisions made it into the newly-passed $2 trillion coronavirus relief bill. Tucked into the measure are a series of …
Matt MagnusonRetirement Estate and Tax Planning in These Unexpected Times kiplinger.com - Jeffrey M. Verdon The serious health and economic crises families everywhere are facing right now have left them with many questions. Take a look at answers to a …
RMDs: suspended temporarily.
