After weathering the first quarter volatility, investors wonder what to expect in the second. BlackRock, the world’s largest money manager, offers their analysis and a look ahead. If you’d like to invest in a Roth IRA but are above the income limits, there’s still a workaround. ThinkAdvisor explains how to use the “backdoor” Roth strategy. If you own or have ties to a family business, you should be aware of how the new tax law will affect you. Patricia Angus and Paulina Mejia discuss the changes coming to estate planning.
BlackRock’s Views For The Second Quarter– BlackRock, the world largest manager, believes the overall environment is positive for risk assets, but investors should expect more muted returns and higher volatility than in 2017. The U.S. tax overhaul and public spending plans have supercharged growth and earnings estimates, but also have added uncertainty to the economic outlook. They see two major risks to the global expansion and risk assets: trade wars and a spike in real yields. Read more…
The Backdoor Roth IRA: Investing Rules Of The Backroads– As the name suggests, the backdoor Roth IRA strategy essentially provides an alternate route to funding a Roth IRA for people whose income exceeds the annual limits for contributing directly to a Roth. Read more…
The Changing Nature Of Planning For Family Businesses– Families that own businesses should get an early start on planning for issues such as succession, governance and education of the next generation. The new tax law could have a significant impact on planning activities by lowering corporate tax rates and increasing the exemption for estate, gift and generation-skipping transfer taxes. Read more…
John R. Day, Bill Ennis, Stephanie Hall and Matt Heller