Can I name a Beneficiary on a Non-IRA account?
Yes, there is a way to designate a beneficiary on a non-IRA account and it is called a Transfer on Death agreement or TOD. Some financial institutions use the term Payable on Death or POD.
Economy Strengthens and Stock Market Moves Higher
In May the U.S. economy continued to strengthen and the stock market continued its volatility.
Trade Wars and Volatility
In the first days of March the President tweeted that he intends to impose steep tariffs on steel and aluminum to protect American interests. That sent the market reeling and a twitter storm ensued.
Before Tax Reform
What steps can you take before December 31 to reduce your income tax liability?
Tax Reform
Tax reform dominated the airwaves in October but before it could tackle tax reform, Congress needed to successfully pass a budget. By a narrow margin the budget passed on October 26th and Republicans immediately turned to drafting a new tax plan.
September in Review
The month of September is often a challenging one for the stock market but this year the market sailed through the month unscathed. That was in spite of the many events taking place which in the past would have rattled the market.