Here's our latest collection of interesting articles on investing, personal finance, and stewardship.
Grab a cup of hot cocoa and enjoy!
- The Secure Act killed the stretch IRA — here are alternatives for your inheritance (MarketWatch). The new law didn't "kill" the stretch IRA, but it did tighten the rules re: who is eligible. If you're looking for alternative approaches, here are a few ideas.
- Corporate America has a 1%, too, more influential than ever (Associated Press). By market value, the five biggest U.S. stocks — Microsoft, Apple, Alphabet (Google), Amazon, and Facebook — now account for nearly 18% of the S&P 500 index.
- Social Security: Where do the 2020 candidates stand? (New York Times). As recently as 2010, some Democrats were willing to embrace the idea of reining-in SS benefits as a means of shoring up the program's finances. Now, the call is for expansion of benefits — and higher taxes to fund them.
- What is a sinking fund? (MintLife). "Sinking" is a good thing in this case.
- Survey says consumers love their tax refunds (news release via Yahoo Finance). Go figure. Nearly two-thirds (63%) of those surveyed said they'd rather get an income-tax refund than get bigger paychecks throughout the year.
And from the bloggers and pundits...
- Now never feels like the right time to invest (Ashby Daniels, Retirement Field Guide). Especially when you're investing a lump sum.
- A spousal IRA may be the best gift you can give your non-working husband or wife (Sarah Holden, MarketWatch). If you're the sole breadwinner, you can use your earnings to contribute to either a traditional or Roth IRA for your spouse.
- Great to gone (Jonathan Clements, Humble Dollar). Why do great family fortunes rarely last more than a few generations?
- Holding on to a job after age 50 isn't always easy (Mark Hulbert, MarketWatch). More here on a study mentioned in our January newsletter article, Unplanned Early Retirement – It’s More Common Than You Might Think.
- Paying taxes with the right attitude (Michael Blue, MoneyWise). This is from last year's tax season, but the principles remain the same.
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