Archive | April, 2015

Making Sense of Obama’s Proposed Budget (Part 2)

27 Apr

Earlier this year, President Obama unveiled 2016 budget proposals that are befuddling financial advisors, much less average people. While unlikely to be made law, I’ll attempt to make sense of them in this blog mini-series. Less than $100,000: No Required Distributions This is actually good, as it removes the distribution requirement from tax-favored retirement accounts [...]

Making Sense of Obama’s Proposed Budget (Part 1)

20 Apr

Earlier this year, President Obama unveiled 2016 budget proposals that are befuddling financial advisors, much less average people. While unlikely to be made law, I’ll attempt to make sense of them in this blog mini-series. Bringing “harmony” to required minimum distribution (RMD) rules This proposal isn’t harmony, it’s a needle scratching a record. The aim [...]