by Daniel White | May 19, 2025 | Economy
May 19, 2025 Serious damage has been done to markets. The S&P 500 fell 21% by mid-April from its all-time high. Similarly, the Invesco QQQ Trust exchange-traded fund, which tracks big technology companies, has plunged 26%. Both major indices are now well below...
by Daniel White | May 13, 2025 | Ed Slott
What is a missed RMD (required minimum distribution)? RMDs must be taken by IRA owners beginning in the year they turn age 73 and by IRA and non-spouse Roth eligible designated beneficiaries beginning in the year after the death of the account owner. Missed RMDs are...
by Daniel White | May 13, 2025 | Ed Slott
Can children have IRAs? There is no minimum age for having an IRA. Due to the power of compound interest, saving tax-free in an IRA from childhood can provide a significant head start on financial security. Saving $7,000 in an IRA annually from age 14 through 24 and...
by Daniel White | May 12, 2025 | Economy
May 12, 2025 The economy in the 2020s has not been boring. We’ve had a pandemic and inflation already. Now we have a trade war, recession fears, maybe more inflation, and capital flying out of U.S. dollar assets. In the past, the Federal Reserve would often step in to...
by Daniel White | May 5, 2025 | Economy
May 5, 2025 A lot has happened in the markets in 2025. But the truth is stocks were due to fall, whether from tariffs or something else. Not long ago, the stock market was trading at the highest prices measured against earnings. Stocks were more expensive than in 1929...
