Here's our summertime-is-just-around-corner Roundup of recent articles on investing, personal finance, and stewardship.
Pull up a lawn chair, pour yourself a glass of lemonade, and enjoy!
- Will raising the age for required withdrawals from your retirement accounts make a difference? (CNBC). Congress is considering legislation that would increase the age for required minimum distributions (RMDs) from 70½ to 72.
- What the new 'Best Interest' rule to protect investors will do (Forbes). The U.S. Securities and Exchange Commission says brokers may no longer allow commissions and/or incentive bonuses to influence their investment recommendations.
- The transition to Medicare: How to get it right (Morningstar). A key mistake: failing to sign up for Medicare at the right time. If you miss the deadline, you will pay — in some cases, for the rest of your life.
- Wealthy Americans say financial worries taking toll on mental health (Bloomberg via American Banker). Having money does not necessarily lead to peace of mind.
- Nina Olson: The softer side of the IRS (Kiplinger). Olson, the soon-to-retire U.S. Taxpayer Advocate, says she prepares her own taxes. "[It's] my duty to find out how painful it is."
And from columnists and bloggers...
- Watching paint dry (Blair duQuesnay, The Belle Curve). Long-term investing is boring and thrilling at the same time.
- How couples can maximize Social Security benefits (Liz Weston, NerdWallet). Married couples have a greater variety of options for claiming benefits, which is also means more opportunities for costly mistakes.
- Do you have a digital 'guardian' for your estate? (Marcy Keckler, Kiplinger). In many states, you can designate a fiduciary to legally access your digital assets (online accounts, digital purchases, web domains, etc.) after you pass away.
- 7 million U.S. homeowners can refi right now. That's 1 million more than last week. (The Basis Point). Fresh data that relates to our May newsletter article Should You Refinance?
- AARP vs AMAC: Which has the best benefits? (Rockstar Finance). SMI's 2017 article on alternatives to AARP is one of the most popular pieces we've ever published. This article, from Rockstar Finance, offers a head-to-head comparison of AARP and the Association of Mature American Citizens (AMAC).
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