Critical year-end questions for IRA and 401(k) owners
Avoid leaving money on the table for the IRS answering these questions.
You might also like
January 26, 2023
Life happens but you don’t have to let it get in the way of your retirement. Here's what you can do to protect your nest egg.
Read more 
January 24, 2023
When you change jobs, you generally have four options for your 401(k) plan. One of the best options is doing a 401(k) rollover to an individual retirement account (IRA).
Read more
January 19, 2023
Inflation has been hitting everyone hard and going into 2023, there are several things you can be doing in order to protect the state of your finances.
Read more
January 17, 2023
The SECURE 2.0 Act is packed with 92 retirement-savings provisions and illustrates the importance of revisiting your retirement and tax planning strategy annually.
Read more
January 12, 2023
In a shaky economy, you may be wondering how to make smart choices when it comes to investing. This guide can help.
Read more
January 10, 2023
Contributing to a Roth IRA can be a great way to save for retirement, but putting too much money into your account can trigger tax penalties. Here're some ways to fix the problem.
Read more
January 5, 2023
Changes were made to many tax credits and deductions in 2022 that experts say could lead many people to owe money when they file their IRS returns in 2023.
Read more
January 3, 2023
It is important to reset your personal finances and goals for the New Year. Here are some financial moves that you should resolve to make in 2023.
Read more
December 29, 2022
The tax-filing system is still months away but now is a great time to start thinking about next year’s return.
Read more
December 22, 2022
Tax season lies just around the corner, which means it’s time to seek those last-minute tax breaks. Here're a few tips.
Read more
December 20, 2022
A 529 plan allows you to save and grow tax-free money for someone’s education, including your own. Here're contribution maximums for 2023.
Read more
December 15, 2022
An inverted yield curve doesn’t always equal a recession. Even in the face of great uncertainty into 2023, there are opportunities in this inverted world.
Read more
December 13, 2022
There are many tax-planning opportunities with charitable donations that you can take advantage of to give you the largest deduction possible.
Read more
December 8, 2022
2022 has been a turbulent year for investors and retirees. However, in December, there are some actions that can have a significant positive tax and economic impact.
Read more
December 1, 2022
Many economies have been hit with rising prices in the wake of the pandemic, but there are some notable outliers that have managed to keep their inflation rate down.
Read more
November 29, 2022
Don't pay more than needed by checking out these tax-reducing steps. For more information on how you can reduce your taxes, consult your Signet advisor.
Read more
November 22, 2022
Compared to the past two seasons, this fourth quarter began with a lot of momentum, which feels like a miracle.
Read more
November 17, 2022
Is it worth the cost to hire an advisor? People say they can listen to the news to find out where and how to invest, so, “Wouldn’t I be better off just keeping the fee for myself?”
Read more
November 15, 2022
The housing market is a hot topic right now, and after experiencing rapid growth over the pandemic years it looks to now be slowing down.
Read more
November 10, 2022
Inflation remains stubbornly high. Uncertain energy costs combined with supply and demand mismatches mean higher prices could continue for a while, well beyond the end of 2022.
Read more
November 8, 2022
If you're checking, chasing, and stock-picking, you may increase the odds of self-inflicted losses when the market is down.
Read more
November 1, 2022
Despite the polarization ahead of midterms, avoid the temptation to make significant changes to a long-term investment plan based on which party controls Congress.
Read more
October 27, 2022
October is known for some of the scariest events in the financial markets. Here are 13 scary financial statistics and steps to avoid becoming their next victim.
Read more
October 25, 2022
The IRS announce the new standard deduction and new tax brackets for 2023. Knowing these numbers allows you to make some smart tax-planning moves before the year's end.
Read more
October 20, 2022
Answers to the most common required minimum distribution questions: timing withdrawals, reinvesting RMDs, and how to legally avoid paying tax on distributions.
Read more
October 18, 2022
The reasons behind the market correction are always unique, but our reactions shouldn’t be.
Read more
October 13, 2022
Although the Social Security COLA increase is the largest it’s been in four decades, it doesn’t mean that retirees are keeping up with their actual cost of living increases.
Read more
October 11, 2022
Many people aren't mentally or financially prepared for the high cost of health care in retirement. Here's how to plan.
Read more
October 4, 2022
This year is well on its way to being the worst in modern history for bond investors. But there is finally some income to be earned in the fixed-income market.
Read more
September 29, 2022
Sharp downturns in global stock markets are painful. But the odds are that jumping in and out of the market will only hurt your portfolio in the long run.
Read more
September 27, 2022
Knowing how changes in interest rates may affect the performance of your retirement plan can help you bolster your investment returns and avoid potential losses.
Read more
September 22, 2022
Near-term risks remain high, but investors who stay focused on the long-term have historically been rewarded.
Read more
September 20, 2022
If you are one of the 60 million plus individuals with an IRA, you might need to complete certain IRA transactions by the end of this year.
Read more
August 31, 2022
How you react to volatile markets plays a crucial role in your long-term success. Here are a few steps to take when the market gets scary.
Read more
August 30, 2022
Protecting your family is important, but so is making sure you're not wasting money on life insurance that could be used for other financial needs.
Read more
August 25, 2022
Here is a list of 10 common credit card mistakes cardholders make. Hopefully, you can learn from the mistakes of others and save some financial pain.
Read more
August 23, 2022
Whether you're a long-term investor trying to understand market moves or are concerned about your portfolio, here are 9 charts every investor needs to see.
Read more
August 18, 2022
Market declines during the first five years of retirement can have a significant effect on a financial portfolio, but remaining flexible can mitigate the damage.
Read more
August 16, 2022
The dramatic history of the Inflation Reduction Act is known – now we have to understand and live with the practical results.
Read more
August 11, 2022
Smart estate planning will minimize the tax bill that your heirs pay when you die, and a Roth IRA is one of the most effective tools for that purpose.
Read more
July 28, 2022
The US economy contracted for the second quarter in a row. This would count as a recession by one rule of thumb, but it does not pass the smell test.
Read more
July 26, 2022
The easiest way to deal with a frothy market is to have a strategy in place that anticipates the unpredictability of ups and downs. Here are a few methods that help.
Read more
July 19, 2022
What's the point of saving for the long run if there isn’t going to be one? Larry Siegel objects it will be a great time to be alive. Here's why.
Read more
July 6, 2022
Volatility can be managed. Steve Tuttle shares 4 investment strategies to manage volatility: reducing, navigating, harnessing, and monetizing.
Read more
June 30, 2022
The most common money mistakes people make aren't due to an inability to handle their finances. The real trouble? Keeping emotions in check.
Read more
June 28, 2022
The immediate outlook is grim, but low-cost funds that track the entire market can help you prosper over the long term.
Read more
June 23, 2022
To help you focus on the most important decisions, you’ll want to prepare a realistic retirement plan that can guide you to a financially secure retirement.
Read more
June 21, 2022
Rules controlling what you can do with your 401(k) after retirement are very complicated. Consult your financial advisor before making any final decisions.
Read more
June 14, 2022
Steep downturns of stocks by 20 percent or more are relatively rare, but how long they last could portend damage — for you and the economy.
Read more
June 7, 2022
A recession can impair your personal finances. Being prepared and taking a few simple steps to reduce your risks can help you weather the economic storm.
Read more
May 12, 2022
What if I delay retirement by one year? There are many ways retiring either sooner or later than planned can impact your life, beyond retirement income.
Read more
May 5, 2022
The Fed just raised interest rates by the most in 22 years. Consumers should be mindful of the risks associated with tighter monetary policy.
Read more
April 28, 2022
Healthcare, housing, travel, supporting adult children – all of these expenses and more are subject to inflation. Here is how to plan for inflation when thinking about retirement.
Read more
April 19, 2022
Americans are entering a period when consumer prices will continue to rise steadily, which will bring a whole different set of costs and benefits to a new generation.
Read more
April 14, 2022
Carefully planning the financial aspects of your vacation and coming up with a smart approach to saving for it can relieve a lot of the pressure that vacation planning can bring.
Read more
April 12, 2022
Getting the right coverage is a challenge because there can be so many variables. Laddering life insurance is a way to tackle life insurance needs that change over time.
Read more
April 7, 2022
Tax Day looks a little different in 2022. Here’s everything you want to know to minimize mistakes, maximize your refund and file your tax return successfully.
Read more
April 5, 2022
The Signet investment team thinks the hawkish pricing in short-term rates might be overdone and prefers short-maturity bonds over long-term ones.
Read more
March 29, 2022
With just weeks to go until the tax deadline, should you be waiting to file your taxes? Are you hoping the deadline will be extended once again this year?
Read more
March 25, 2022
Financial planning goes beyond growing savings and cutting expenses. Here're 5 steps to a solid financial plan.
Read more
March 24, 2022
For women business owners, the toll of divorce can be particularly overwhelming. You might face the possibility of having to split your company with your ex-spouse.
Read more
March 22, 2022
Once a year, tidy things up to ensure you're on track for your financial goals. Follow these steps to Marie Kondo your way to a joyful financial life.
Read more
March 15, 2022
This Equal Pay Day, the data shows the wage gap closed by 1 cent. On the surface, this looks like progress. Yet these numbers are not telling the whole story.
Read more
March 3, 2022
Learn how to get a firm grasp on your own personal rate of inflation, and employ strategies that will protect your bottom line.
Read more
February 17, 2022
If you have parents on Medicare, here are some tips to help ensure premiums are paid so they — and you — don’t face crushing problems.
Read more
February 8, 2022
There are a lot of expenses that, although they are common and, in some cases, annual, we don’t think to plan for. Here are a few you should work into your budget.
Read more
January 25, 2022
Strong markets have swelled account balances, but changing conditions make it a good time to revisit your plan. How to get built-in inflation protection?
Read more
January 20, 2022
Auto loans are reaching the longest term and highest balance ever. Should you refinance? It really depends on what you stand to gain by refinancing.
Read more
January 18, 2022
Things are about to get worse — but after that, they should steadily get better. That’s roughly how economists envisage the path of U.S. inflation in the year ahead.
Read more
January 11, 2022
The SECURE Act 2.0, autoenrollment expansion, and a continuing question: just how are retirees doing, anyway?
Read more
January 6, 2022
During the early stage of our careers, it can be challenging to prioritize retirement savings. If you haven't managed it yet, you can still get starting saving later in life.
Read more
January 4, 2022
Surprise medical bills have become increasingly common and stressful. Now, thanks to the No Surprises Act, surprise medical bills may be a thing of the past.
Read more
December 30, 2021
The New Year is the perfect time to set smart financial planning goals. Here are the top ten tips for how to step forth with a good financial audit in 2022.
Read more
December 23, 2021
In case paper documents are filling up your drawers, you may be wondering which documents you need to keep and what you can shred or otherwise dispose of.
Read more
December 16, 2021
Over time, making little changes to your finances can add up. The earlier you take these steps, the longer they have to work and the greater your outcomes will be.
Read more
December 9, 2021
A good financial planner should be able to help you answer various Social Security questions and find the right time for you to claim Social Security benefits.
Read more
December 6, 2021
As the year comes to an end, it's important to start planning your 2021 taxes to reduce your obligations wherever possible.
Read more
November 23, 2021
While the maximum Roth IRA contribution remains $6K (with a $1K catch-up contribution for those 50 and older), the phase-out ranges for eligibility to contribute have changed.
Read more
November 1, 2021
Inflation worries grow as the economy reopens. Steve Tuttle explains how to position your portfolio for financial success regardless of how much prices rise.
Read more
October 25, 2021
Amid the market volatility fear and greed can get the best of investors. These tips help control your emotions and achieve long-term success in the markets.
Read more
September 21, 2021
Financial security in retirement takes planning, commitment, and money. These 4 questions help identify your goals and needs within a retirement strategy.
Read more
July 27, 2021
There are many successful investment strategies that have performed well over time. Yet, capturing these returns is not easy for investors. Patience can help.
Read more
July 6, 2021
Do you want to invest for retirement? Dividend-paying stocks can help preserve your capital over long term and generate income regardless of market conditions.
Read more
April 28, 2021
Tax policy impacts corporate earnings and the stock market. However, over the long haul, other factors have more influence on the stock market performance.
Read more
March 23, 2021
Every correction seems like the start of a downturn. Yet market corrections don't lead to lengthy bear markets. Read how Signet handles market volatility.
Read more
March 9, 2021
Real assets can hedge against inflation in the current environment. Find out what two types of real assets Signet advisors focus on for a balanced portfolio.
Read more
February 1, 2021
The GameStop and AMC Entertainment story has dominated headlines recently. Steve Tuttle on why this won't have a big, lasting impact for long-term investors.
Read more
January 14, 2021
2020 was a year of major upheaval. Here’re universal and timeless investment guidelines from Signet advisors to help you improve your financial situation.
Read more
December 9, 2020
It’s a tough year for tax planning without knowing for sure which party will control the Senate. However here's how Signet advisors help clients save taxes.
Read more
November 1, 2020
Some investors think putting their money with multiple financial advisors means better results. This is not necessarily the case. It can make things worse.
Read more
October 8, 2020
In a joint study with Duke University’s Fuqua School of Business, Signet investigates how patent disclosure impacts stock price of the focal patent company.
Read more
October 1, 2020
President Obama and President Trump pursued different policies while in office. Yet results in the financial markets were awfully similar during their terms.
Read more
September 1, 2020
Sector investing is an underrated strategy for investors, while it complements a core portfolio by seeking to enhance returns or diversifying portfolio risks.
Read more
July 1, 2020
Careful asset placement helps save on taxes. Asset location seeks to identify the right type of investment to own in retirement plans vs. taxable accounts.
Read more
June 1, 2020
No single factor works all the time. Steve Tuttle highlights the performance of factor investing and shows why portfolio diversification is so important.
Read more
May 1, 2020
As Signet carefully monitors risks, we deem tax-exempt municipal bonds are generating tremendous interest from investors. See the analysis for our optimism.
Read more
April 1, 2020
COVID pandemic short-term dynamics are rapidly changing causing many unknowns. Signet explains what to focus on to improve financial standings post crisis.
Read more
February 26, 2020
Steve Tuttle comments on market volatility and what to do if you are worried. Hint: don’t let coronavirus fears rattle your investment plan.
Read more
January 1, 2020
The new law expands opportunities to save for retirement, but changes the way beneficiaries receive money from inherited IRAS. Steve Tuttle gives highlights.
Read more
December 1, 2019
The end of the year is viewed as a time of spending. It can also be a time to consider tax-saving strategies. Here're the Signet advisors' tips for retirees.
Read more
Follow us on social media
© 1988–2023 Signet Financial Management, LLC
