Reporting a Recharacterization

By Andy Ives, CFP®, AIF® IRA Analyst While the ability to recharacterize Roth conversions was eliminated years ago, Roth contributions can still be reversed. A Roth IRA contribution can be recharacterized to a traditional IRA, or vice versa. To recharacterize an IRA...
Is the Medicare Annual Wellness Visit Mandatory?

Is the Medicare Annual Wellness Visit Mandatory?

Key Points While the Medicare Annual Wellness Visit is not mandatory, it is a 100% covered preventive service. The Annual Wellness Visit differs from the typical annual physicals you were used to with group coverage. If you’ve had Medicare Part B for more than 12...

Roth IRA vs. Roth 401(k): Which Is Better?

By Ian Berger, JD IRA Analyst Many of you are familiar with the tax advantages that Roth retirement accounts can bring. Although Roth contributions are made with after-tax dollars, the contributions grow tax-free, and earnings also come out tax-free after age 59½ if a...
Weekly Market Commentary

Weekly Market Commentary

The S&P 500 and NASDAQ reached another set of all-time highs, driven by constructive rhetoric on global trade and positive second-quarter earnings results from influential companies such as Alphabet.  The S&P is up 8.6% year to date, while the NASDAQ is up...