If you own an IRA, SIMPLE IRA, SEP IRA or retirement plan account, you must begin taking a required minimum distribution (RMD) each year once you reach age 70 ½. If you have multiple IRA accounts, you must calculate the distribution required for each IRA separately, but you are permitted to withdraw the combined amount…

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We frequently resolve to reinvent ourselves in the new year — exercise more, eat healthier, read more or save more. An alternative method of reinvention is simply a “rebranding”.  Sometimes companies rebrand to reflect changes, other times it’s just a new update to their look. The same can be true when it comes to reinventing…

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Stocks may have a reputation for being riskier than bonds, but you should also consider the risk that investing only in bonds may not accumulate enough money to finance all your aspirations in retirement. It is true that stocks are more volatile than bonds, and there is no guarantee they will yield income, but they…

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How much would you pay to get $100 more a month in retirement income for the rest of your life? On the flip side, how large of a lump sum would it take for you to give up $100 a month in retirement? In theory, those two numbers should be the same. However, a 2015…

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The World Economic Forum (WEF) recently published its 2016 global trade report. Atop the list of trade-friendly economies are Singapore, the Netherlands, Hong Kong, Luxembourg and Sweden. The United States ranks as No. 22. It appears global trade has greatly enhanced some nations, but it hasn’t benefitted all participants equally. Per campaign promises, the new Trump…

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