Investors are wondering how the Biden presidency will affect their portfolios. Although much depends on the outcome of two senate races, Forbes forecasts what to expect on everything from taxes to a fiscal stimulus to retirement. Can a COVID vaccine heal the economy? Liz Ann Sonders and her team at Schwab look at the implications of the new vaccines. The new life expectancy tables will affect your IRA withdrawals. Rebecca Moore summarizes the changes for planadvisor.
The Biden Presidency And The Economy — The president-elect has plans for everything from Covid-19 to taxes to the minimum wage. How much he gets done likely depends on control of the Senate. Forbes forecasts what to expect in 12 areas. Read more…
Changes: Vaccine News Changing Market’s Leadership Characteristics? — Euphoria around vaccine news and last week’s market strength is now manifesting itself in both behavioral and attitudinal investor sentiment measures. Liz Ann Sonders and her Schwab team advise investors how to navigate any market volatility in the next few months. Read more…
New Life Expectancy Tables Will Decrease RMDs — The IRS has issued final regulations on mortality tables to be used for calculating required minimum distributions, which reflect longer life expectancies. You’ll be allowed to retain larger amounts in your retirement accounts, as Rebecca Moore explains. Read more…
John R. Day, Bill Ennis, Stephanie Hall, and Matt Heller