Category Archives: Investment News

Rollover Relief – Savers can Now Receive a Waiver to Extend the 60-day Deadline

Until now, retirement savers normally had just 60 days to roll over their 401(k) or IRA accounts before the account becomes taxable. Generally, this is plenty of time to effect a rollover, but occasionally hiccups happen – anything from a post office delay to a family illness – and the resulting tax burden, including a 10% penalty tax for account holders younger than 59 ½, can be devastating to a retirement nest egg. Read more »

Behavioral Economics: Understanding your financial behavior


Your brain is a remarkable tool. So remarkable, in fact, that it has established decision-making protocols and processes that are outside of your conscious awareness. Because you have to make millions of decisions daily, your brain has developed shortcuts to help it efficiently use available information to make choices without having to stop and walk through an entire rationalization process for each little decision you have to make.

This is great when you are, say, selecting a coffee drink at Starbucks; you wouldn’t want to have to look at all of your options and compare prices, calorie counts, taste expectations, etc. Your brain knows what you’ve liked in the past, what your budget is, and what your desires are, and can make a snap decision. However, these shortcuts can pose a problem when making more serious financial decisions. Read more »

Brexit: Domino or Distress Signal?

The result of the Brexit referendum took global markets by surprise, despite polls suggesting it was a distinct possibility. On Thursday, June 23, a high turnout of British voters (72%) voted 52% to 48% for Britain to leave the European Union (EU). In addition, David Cameron’s announcement of resignation sent shockwaves out, leaving Britain with a double-dose of uncertainty. Read more »

Monetary Policy: Moving Forward

Last week was a week of major monetary policy decisions: central bankers from several countries met to establish monetary policy, including the U.S. Federal Reserve, the Bank of Japan, the Bank of England, and the Swiss National Bank. The looming Brexit vote seems to have cast its shadow everywhere, as central banks hesitated to make any major shifts until after the outcome has been determined, and they can respond to Britain’s decision to either remain in or leave the European Union. Read more »

The Retirement Equation

Most people are probably familiar with the well-known serenity prayer: “Grant me the serenity to accept the things I cannot change, courage to change the things I can, and the wisdom to know the difference.” First coined by American theologian Reinhold Niebuhr, he probably didn’t know how well this could be applied to retirement planning! Read more »

Rating Sustainability

How do you rate the sustainability of a company or mutual fund? Do you focus on whether it avoids negative consequences or on the positive impacts it has? Do you look at internal operations and corporate governance or external business activity? These questions require consideration when developing a rating method for sustainable and ESG (environmental, social, and governance) funds, which is exactly what a number of firms have done. Read more »