Yvan’s Times
The 10-year rule for retirement accounts: How new guidelines could impact your IRA beneficiaries
Retirement & Longevity In 2020, The SECURE Act changed the IRA inheritance landscape – terrain that would shift again in 2022 with the passage of the SECURE Act 2.0. Over the summer, that new ground was firmed up as the IRS finalized regulations that will go into effect January 1, 2025. Here’s a look at […]
Trade and tariffs: The impact on consumers
Economy & Policy October 14, 2024 Chief Economist Eugenio Alemán and Economist Giampiero Fuentes note that an across the board increase in tariffs has the potential to push inflation higher. To read the full article, see the Investment Strategy Quarterly publication linked below. A tariff is a tax assessed on imports. Historically, tariffs have […]
Trusteed IRA: Where retirement and estate planning meet
ESTATE & GIVING Prepare for your retirement, your estate and the unexpected. Retirement assets totaled $35.7 trillion at the end of September 2023. Of those total assets, $12.6 trillion were in IRAs. IRAs play an important role in retirement, and if yours has a large balance or if it constitutes a considerable portion of […]
Foster financial literacy and family values
FAMILY & LIFESTYLE The two go hand in hand when preparing your heirs. Timing discussions around money while clearly communicating your financial values with heirs can be tricky. You may already be asking yourself: How will I help them understand this is more about passing on a legacy than money? What financial knowledge and […]