With only a few days remaining in 2019, Congress passed the groundbreaking SECURE Act, which affected many changes to the retirement planning landscape, most notably the elimination of the traditional “stretch IRA.” As many estate and financial planning professionals know, the stretch IRA is an invaluable tool that allows non-spouse beneficiaries of retirement plans (401(k),…
Month: April 2020
Stock Prices
Dear Garden State Trust: The drop is stock prices has really hammered my portfolio. How much lower can prices go? —Terrified Investor Dear Terrified: No one knows. No one can know with any certainty at this time. I can only provide some context. The question for all investors will be, are stocks a good investment…
Thinking Creatively In a Crisis
The safety of our people is extremely important, and we urge all necessary precautions be taken to protect against the threat of the coronavirus. The difficulties from the pandemic goes across all creeds and wealth levels. It has shown us some of the best of humanity through the extraordinary efforts of first responders and charities.…